Word: walle
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Dates: during 1940-1949
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...curved balls [TIME, April 22]: when John B. Stanchfield, a brilliant New York lawyer, was a college student away back in the '70s, he stood close to the wall of a college building exactly the same distance from the corner of the building as the distance from the pitcher's slab to home plate. With a doubting professor of physics right behind him, Stanchfield took his wind-up and pitched. As the ball reached the end of the building it disappeared around the corner...
...Steel was expected to do better. Big Steel's profits were estimated by Wall Streeters at around $10,000,000 v. $15,000,000 in 1945, thanks to a busy March which made up much of the strike loss...
Cause of the embarrassment: his indictment last Jan. 30 by the U.S. Government on draft-evasion charges. Allegedly, the Russian-born adventurer in international high finance who had dazzled Wall Street by his lightning-fast climb to control of 17 companies* in four years had filed false affidavits stating that his induction would leave his dependents without financial support. In severing his four-year connection with Panhandle, Rubinstein did not go away emptyhanded. He sold 296,525 shares of Panhandle stock for a profit...
...Rubinstein moved the Chosen Corp. and himself into the U.S. He took the trust's money into Wall Street, in 1942 bought control of Panhandle for $187,000. Soon he turned it into a holding company controlling $6,600,000 in subsidiary oil, urban real estate, road-building and construction interests...
...Trotsky's Stalin is an attempt at political paleontology. Says he: Stalin "seems to have no prehistory. The process of his rise took place somewhere behind an impenetrable political curtain. At a certain moment his figure, in the full panoply of power, suddenly stepped away from the Kremlin wall, and for the first time the world became aware of Stalin as a ready-made dictator." Trotsky's purpose is to supply this prehistory...