Word: controllers
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Dates: during 1940-1940
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Like any other political blueprint, Plan E functions more smoothly on paper than in practice. Cleveland returned to the mayoralty system after the city manager's cabinet was found to have passed back into the control of the bosses. The destruction of the ward and its intimate relationships tends to breed indifference in the voters and encourages group interests to put up candidates of their own. These difficulties have to be reckoned with; but how they will lead to "dictatorial gangster-rule," only the vision of a Mike Sullivan can perceive...
Plan E is an innovation worth crusading for, but it can never be a panacea for the evils of city government. Any system can be abused by those in control; in the end an alert electorate is the only safeguard of reform. If Plan E carries the election next wek, its supporters cannot afford to lay down their arms. Only then will the fight begin in earnest...
...Three groups-Du Fonts, Mellons, Rockefellers-have shareholdings valued at nearly $1,400,000,000, control, directly or indirectly, 15 of the 200 corporations...
...lumbering, leftish ex-newspaperman named Ferdinand Lundberg decided to give form to his favorite gripe: big, fat capitalists and their de facto control of our de jure Government. Under his microscope went 60 of the fattest with their families, their incomes, their politics, their philanthropies. He wrote an erudite bombshell of questionable accuracy titled America's 60 Families, watched his subjects squirm while Secretary Ickes and then Assistant Attorney General Jackson quoted it with gusto. Within less than a year the families were sprawled under more powerful microscopes as the Temporary National Economic Committee made a study of corporate...
...half of all corporate stock held by individuals. The majority of the voting power in the average large corporation is in the hands of not much over 1% of the shareholders. But some of the biggest and best-known corporations are exceptions (i.e., widely held, without visible centralized control): A. T. & T., Anaconda, Bethlehem Steel, Eastman Kodak, General Electric, Goodyear, R. C. A., U. S. Steel, Pennsylvania Railroad...