Word: sec
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Dates: during 1930-1939
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...Marcucci brothers, Raymond and George, identical twins who were born blind 16 years ago. George is national blind champion at the 50-yd. dash. Raymond is national blind champion at basketball throwing. Both are talented woodworkers. Last week both won their matches, George in 5 min. 5 sec., his brother in 20 seconds less...
...Donald Ray Lash, Indiana University runner: the fastest two-mile race in history: in 8 min. 58 sec., shading Paavo Nurmi's indoor record (8:58.2) and his own outdoor world record (8:58.3); in Boston's Garden...
...Emile Allais of France: the world's downhill ski racing championship; by shooting down Les Houches, Alpine run that drops 3,070 ft. in two miles, in 4 min. 3 2/5 sec., without a spill; in a snowstorm, at Chamonix, France. The women's champion, famed Christl Cranz of Germany, got down a less steep course in 5 min. 17 sec...
...worth of U. S. utilitarians only glared whenever the Securities & Exchange Commission made its stock appeal to their better selves-that by hushing their high-priced lawyers and registering under the Public Utility Act they could take advantage of the easy money market. Last month SEC's old argument gained new point with Judge Mack's decision in the Electric Bond & Share case (TIME, Feb. 8), which enabled a utility to register with SEC without thereby admitting the constitutionality of the Act's more dreaded provisions. Not slow to underscore this ruling was SEC's Chairman...
Meantime in Washington the men responsible for this predicament were busy with plans to make the game, if anything, even more complicated. Called for this week was a conference between Secretary of the Treasury Morgenthau, Chairman James McCauley Landis of SEC and Chairman Marriner Stoddard Eccles of the Federal Reserve Board to study ways & means of discouraging investment of foreign funds in the U. S. With its gold sterilization program (TIME, Jan. 4), the Treasury is now keeping the incoming metal from inflating the credit base. But the huge volume of investments is itself a threat to U. S. stability...