Word: freedly
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After the body of Leon McAtee, a Negro tenant farmer, was found floating in a bayou one day last July, five white men were charged with his murder (TIME, Aug. 12). Last week, at Lexington, their trial was held. The judge freed two; the jury took four minutes to acquit the others...
James K. ("the Commodore") Vardaman Jr., freshman member of the Federal Reserve Board of Governors, likes to tell businessmen what they like to hear. Last week at Virginia Beach, Jake Vardaman gave conventioning Morris Plan bankers a cheerful little earful. Said he: "I hope we shall soon be freed of all regulations except those that Congress shall itself decree." He referred specifically to famed Regulation W (curbing consumer credit sales) as objectionable "in principle...
...good cheer to the Morris Planners. At a New England bank management conference in Boston, Eccles said bluntly: "It can hardly be contended, with reason, that the credit gates should be opened now," though single payment loans, charge accounts, soft goods and minor durable goods might soon be freed from restrictions. But major durable goods, accounting for "the great dollar bulk of consumer credit," said Chairman Eccles, would remain under Federal Reserve control indefinitely...
...before he left the territory, Cap Krug announced the release of 18 million acres of Government land, much of it freed by narrowing the five-mile right-of-way along the Alaska Highway to 300 feet. He also surprised many an old settler by advocating statehood (Alaskans will vote on the question on Oct. 8) and the construction of a railroad through Canada to the "outside...
Johnson schooled Neighbors Ferro & Morley for months before letting PM and the syndicate in on his plans. He still sits in on story conferences-and shares in profits from the strip-but Barnaby takes little of his time. By now, says Ferro, "it's all done by telepathy." Freed from his daily grind, Johnson is writing a book about Barnaby for publication in the fall. Barnaby and Mr. O'Malley, a play adapted by Johnson and Jerome Chodorov from the strip, will open in Wilmington next week, may get to Broadway in the fall...