Word: publication
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Dates: during 1930-1939
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...occasion: first of three Junior Assembly dances, demarcating what Society calls Society from what the public calls Society (run-of-the-mine Social Registerites). Notably present: Mary A. (for Alrichs) Steele, tall, blonde, beauteous daughter of the late Socialite Banker John Nelson Steele, earlier this year the candidate of Stork Club's Pressagent Charles ("Chic") Farmer for 1940 Glamor Girl. Notably absent: Patricia Plunkett, shapely, blonde daughter of Mrs. Dunbar Plunkett, suggested by Glamorizer Farmer as substitute candidate when Mrs. Steele yanked Mary back into the shadows of glamorless respectability...
...defendants $500 (Ian Montgomery, $300; Brother Colin Montgomery, 28, $150; Alex Calvert, 21, $50). Smart Defense Attorney Aubrey G. Weaver spoke for the hunting set when he declaimed that the boys had done "what any red-blooded Virginian* would have done . . ." And that "these young men have rendered a public service to this community...
Promptly from Mr. Willkie to the news services went an angry reply: Commonwealth & Southern had offered a year ago to pay up to $60 for Consumers stock, said he. Both SEC and the Michigan Public Utilities Commission had ruled that it could buy the stock at book value...
Meanwhile, all was relatively quiet on a more important financial front established by Cyrus Eaton's letter. In addition to proposing public bids on the stock issue, he had also proposed that he and associates (including big Halsey Stuart & Co.) be allowed to bid on Consumers' $28,500,000 bond issue. Foe of competitive bidding, Wendell Willkie had already arranged to have the issue handled by conservative Morgan Stanley & Co., Inc. and Bonbright & Co., Inc., who step out one door when competitive bidders step in at another, holding that both investor and issuer are best served by honest...
...Willkie wound up with an ironic tribute to the public-relations finesse of his opponents, who issued their statements to the press at night, forced newsmen to call Willkie by phone for his replies, which ran at the tail end of stories in morning papers. Said he: "Apparently, the foes of the utilities prefer to work under cover of darkness. At least their strategy requires me to stay at home at night, to be on hand for inquiries from the press, and that is probably salutary...