Word: pyramidal
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Dates: during 1940-1949
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...system were listed at about $7,000,000 in 1922, when they bought control of it. Flashing an ear-to-ear grin, but keeping his own counsel, close-mouthed Howard Hopson reached far & wide. By 1938, Associated had bought or formed some 500 corporations. The top of the pyramid had been jacked far into the sky as Builder Hopson shoved more operating companies into the base, inserted sub-holding companies near its apex. At one time, some bottom operating companies had to feed through eleven layers to get their tribute to the capstone. Today Associated's assets are booked...
Even before Howard Hopson fell hopelessly ill of heart disease more than a year ago, keeping Associated in a pyramid had become a prodigious balancing act. The Hopson "service" companies had siphoned off too much of the system's fat in better times. The Hopson lawyers, who had al ways kept one jump ahead of the Government in playing hide-&-seek among the hundreds of interlocking subsidiaries, got to the end of their legal inventions. When, in November, SEC ruled that registered holding companies and their subsidiaries could no longer draw dividends out of capital or unearned surplus without...
Indicative of this feeling is it that Gramaphone Shop of New York listed Ellington in its catalogue--and no other jazz band! Listen to records of his such as "Little Posey" (for brass ensemble work), "Plucked Again" (for fine piano changes), "Azure" (for brilliant impressionism), "Pyramid" (for an unusual experiment in music) and no further explanation will be needed...
...Williams (trumpet) is the only guy I've ever heard who could really do things with a mute. "Echoes of Harlem" is a good example. Juan Tizol is probably one of the most unusual trombone men in the world. His solos, done on valve trombone, on such things as "Pyramid" are classics. Lawrence Brown and Joe Naughton are both great. Listen to the former's "Rose of the Rio Grande." The sax section is equal if not greater. Harry Carney on baritone sax has such an amazing technique that Duke very often doesn't score parts for him--just lets...