Word: provisionally
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Dates: during 1930-1939
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Three "D's." Almost forgotten in the bitter fight waged around the so-called "death sentence" for holding companies were numerous other "Thou Shalt Nots" in the act. Utility agents seeking to lobby Congress must hereafter register with SEC. Utility accounting methods are brought under the supervision of SEC and...
But there was no stopping the tide. Already that morning Senator Borah had taken Chairman Pittman of the Senate Foreign Relations Committee firmly in hand, in three hours helped him draft a Neutrality Resolution with provision for a mandatory arms embargo. Called up the next day, it went through the...
It did nothing of the kind. Senator Thomas of Oklahoma was incensed. That Secretary Morgenthau should let the market drop out from under the speculators, that he should build up a silver reserve as cheaply as possible instead of spending as much as possible in doing so, seemed treason to...
Such was the situation in June 1934 when President Roosevelt signed the Corporate Reorganization Act, an amendment to the old Bankruptcy Act. Its prime provision, which became Section 77b of the Bankruptcy Act, authorized Federal judges to approve and make binding on corporate minorities any reorganization plan acceptable to two...
One reason for these numerous challenges was that the NRA Supreme Court decision hinted that AAA might also be unconstitutional. Another reason was the attempt made to have the AAAmendments before Congress (see p. 10) include a provision to forbid suits for recovery of processing taxes even if illegally collected...