Word: slating
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Apparently the hard-hitting broker, who has spent most of his five years in office battling his institution's enemies, preferred harmony to an open fight. He informed the nominating committee that he would be pleased to accept a place on their official slate as a candidate for one of the ten regular governorships open each year. And with Mr. Whitney out of the race the next president of the New York Stock Exchange will be the nominating committee's choice-Charles R. Gay. head of the oldest house on the Floor, Whitehouse & Co. On him will devolve...
Each year on the second Monday in April the nominating committee of the New York Stock Exchange posts a hand-picked slate of officers and governors for the May elections. During the preceding month it holds three open meetings at which brokers suggest candidates, make stump speeches. In the end, however, the nominating committee from the depth of its own wisdom names whom it pleases. Throughout the 143 years since organized trading began under the old buttonwood tree on Wall Street, official nominations have been, almost without exception, tantamount to election...
...last week, however, it looked as if. for once, the annual Stock Exchange elections this year would provide plenty of hot politics, perhaps even a real contest. For the last five years the name of Richard Whitney has headed the official slate, and his nomination has never been seriously opposed. But Wall Street dopesters were convinced last week that the nominating committee will not name President Whitney for a sixth term. Its choice will apparently be Charles R. Gay, senior partner of Whitehouse & Co., oldest firm on the Exchange (founded 1828). And what had turned the Floor into a hustings...
...wear baggy plus fours of assorted tweeds and gaudy sports sweaters when Germany's air army was really secret. After Hitler became Chancellor they changed to a "grey blue uniform, purely civilian." Last week, like caterpillars bursting out of greyish skins, German air officers sprouted into Reichswehr slate blue, their short Nazi "dirks of honor" lengthening into swords...
Just what this slate will be is anyone's guess, for any man who teaches a modified Warner system is eligible if the new Head Coach thinks he has the stuff. All that can be predicted is that Wes Fesler alone of the present staff seems to stand a good chance of holding his job under the new regime...