Word: crackdowns
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...Crackdown...
Then disaster struck. United Aircraft & Transport, one of the chief butts of the celebrated Roosevelt-Farley air mail crackdown, was forced to split up. Bitterly attacked in Senate hearings after he displayed paper profits of $51,000,000 from an original investment of $487,119, Founder Bill Boeing was forced out of his job as chairman of United, did not return to the Boeing factory. At present he is a partner in the potent New York Stock Exchange firm of E. A. Pierce & Co. To succeed him in Boeing, the stockholders, no one of whom now owns more than...
Bitter and frequent is the complaint that the Securities & Exchange Commission tends to try its cases in newspapers before they are tried in courts. A crackdown from SEC begins with published charges based on what SEC "has reason to believe and does believe." Invariably the crackdown makes headlines, while the routine denial of the unhappy crack-downee is buried at the bottom of the column. Particularly irritated by this procedure because the firm was just getting on its feet after a severe Depression deflation was Otis & Co. Cyrus ("The Great") Eaton's Cleveland banking house which was charged last...
France wanted no part in this League crackdown. Italy's possible threat to Britain and the headwaters of the Nile was none of her business. Foreign Minister Flandin had only the Rhine on his mind. Urgently he needed Italy's help against the threat of Nazi domination in Europe. Before leaving for Geneva he had given the Sarraut Cabinet France's rebuttal to Adolf Hitler's plan for European peace (TIME, April 13). Insisting on 25 years of status quo, a definite promise from Germany not to fortify the Rhineland and an international police force...
Around to the Foreign Office whizzed British Ambassador Sir George Clerk to demand some sort of crackdown upon the Paris independent moderate weekly Gringoire for headlining SHOULD ENGLAND BE REDUCED TO SLAVERY? Affirming, with copious historical instances of perfidy, that England should. Gringoire concluded: "British friendship is the most cruel gift the gods could give a people...