Word: ganges
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...GANG RULE IN NEW YORK-Craig Thompson and Allen Raymond-Dial Press...
...tell has been known to other such newspapermen for years, but it has been left to them to pull it together. One good reason for the delay is that, until Prosecutors Dewey and Cahill finally got the goods on Messrs. Jimmy Hines, Martin Manton et al., the anatomy of gang rule in New York City could not be fully exposed...
...machines, a sinister kind of talent had been for sale at bargain prices: anything from roughing up and terrorizing a racket victim to "removing" a State's witness, killing stool pigeons and underworld rivals. The killers worked for small pay: Pretty Levine, who told reporters he joined the gang at the age of 13, confessed he took part in the Sage killing for a net profit of one dollar...
...long, two-fisted, crusading record has the St. Louis Post-Dispatch. Back in 1883, four years after the late, great Joseph Pulitzer created it, Managing Editor John A. Cockerill shot and killed a man who called the Post-Dispatch a gang of blackmailers. Under famed Managing Editor Oliver Kirby ("O. K.") Bovard, who retired two years ago, the Post-Dispatch tore into municipal corruption whenever it could be found, in 1937 won a Pulitzer Prize for exposing election frauds. Last week the Post-Dispatch was again in the fray...
...horrible example was Continental Securities, acquired in 1937 by a gang of speculators, most of them now behind the bars, for whose skulduggery Continental's bankruptcy trustee is asking $3,300,000. Stephen Paine, of Wall Street's reputable Paine, Webber & Co., lent the sharpers $580,000 to buy the voting stock of Continental, grab control of Continental's $3,371,000 portfolio. This they liquidated, replaced good stocks with securities of paper investment companies...