Word: wall
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Dates: during 1930-1939
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Averaging 200 pounds in the forward lines, and 180 pounds in the backfield, the Cambridge team presents a formidable front to the comparatively light Crimson forward wall. However, Harvard's backfield is strong, bolstered by Pepper Constable, former Captain of the Princeton Varsity...
...hurry up and grant the rate rise before the roads folded up completely. In their own good time, last week the eleven commissioners, Mr. Mahaffie dissenting, let the commission's pleasure be known. Instead of granting the 15% the railroads had asked or even the 10% that Wall Street had predicted, the commission authorized increases amounting to an average of about 5.3%,* remarking: "An increase of 15% generally based upon a normal volume of traffic, as proposed, is for a larger amount than is reasonably necessary to meet the purposes of the increase...
...since the darkest days of the depression have Wall Street and Park Avenue been so agitated as by yesterday's announcement that the New York Stock Exchange has suspended the firm of Richard Whitney & Co. By luncheon time the dismal word had penetrated even such frivolous retreats as the Colony Restaurant and '21.' For once, Mrs. Harrison Williams' clothes, Carrie Munn's crazy hats and Bob Topping's latest escapade ceased to be favorite topics of conversation. . . . Not in our time, in our fathers' time nor in our grandfathers' time has there...
...other financial scandal of the century. True, Joseph Wright Harriman and Bernard K. Marcus had misapplied bank funds and been sent to jail. Charley Mitchell was penalized for tax deficiencies and Al Wiggin had paid off stockholders to stop their suits. There was old Sam Insull, too, although Wall Street is never very surprised at the shenanigans of a Chicagoan. But Dick Whitney was a Morgan broker. He was the President of the New York Stock Exchange for five years. ''The terrible thing about the Whitney scandal.'' wrote Financial Editor Leslie Gould of the New York...
...contrary to just and equitable principles of trade." Next morning, well knowing it might mean the end of the Exchange's claim that it requires no added SEC supervision, President Gay grimly mounted the rostrum of the Exchange and suspended Richard Whitney & Co. for insolvency (TIME, March 14). Wall Street's first reaction was outright incredulity that "The Corner" had not bailed out its favorite broker. But it was speedily apparent that The House of Morgan had known nothing of the pending debacle. In fact George Whitney had just gone off for a two-weeks' vacation...