Word: western
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Dates: during 1930-1939
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Germany would then be on the Channel and nearer to England. The Belgian Maginot Line might be outflanked. If, however, Herr Hitler is thinking of the disadvantages of a Netherlands coup, they would overshadow the advantages. There would be 230 more miles of western frontier to defend. The Belgians have heavily fortified their frontier with The Netherlands, and invasion through The Netherlands to the ultimate goal of France and Paris is a circuitous route to take...
Last week, as reports of Air Force and troop concentrations in western Germany rolled in, Premier Hendrikus Colijn decided not to be caught napping. Dutch defense plans are to block invaders by blowing up the dikes and flooding one-third of the country, but this takes time to organize. Queen Wilhelmina ordered border battalions mustered to full strength to forestall possible German seizure of the vital sluice gates. Machine guns were placed along the border and reservists were ordered ready for instant service. Harbors and roads were mined. Amsterdam's great commercial airport was commandeered by the Government...
...afternoon last week in the assembly room on the 23rd floor of the Manhattan headquarters of Western Union Telegraph Co., suave old Board Chairman Newcomb Carlton fingered a gavel, peered out anxiously at 200 faces, more of Western Union's 30,772 stockholders than he had ever seen at one time. Western Union's President Roy Barton White, stocky old-time railroad telegrapher, was reading a prepared statement explaining why Western Union had lost $1,637,000 in 1938. When perspiring President White lamely concluded that the report was the company's and not to be considered...
When he was 15, Arthur Flatto began buying stocks out of his allowance (first was U. S. Rubber). In 1929 he got into Western Union, at 240, later bought more. Russell Sage once said that only once in a lifetime did a man have the chance to enrich himself by buying Western Union below $50 a share, and when that chance came, Arthur Flatto took it and held on. Last week he held 1,350 shares of Western Union, selling...
...chain of circumstances that discredited Russell Sage, angered Arthur Flatto and many another Western Union stockholder, is similar to that with which railroads are familiar: revenues down and costs up, largely for reasons beyond the management's control (see below). But Arthur Flatto believed that the management had "failed to function properly in producing profits," three months ago started rounding up proxies to oppose the management slate. No mere corporate troublemaker, he spent $4,450 out of his own pocket convincing other dissatisfied shareholders that they were entitled to minority representation "just like the Supreme Court." This proposition Messrs...