Word: stocking
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Dates: during 1940-1940
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...President Charles Pearce (a Johnson man) in trying to hold his top-heavy volume in the face of rising distribution costs and collapsing soap prices. Up rose young (35) S. Bayard Colgate, great-grandson of the founder. Using his family's 40% ownership of the firm's stock as a lever, he booted Pearce out, took over the presidency, in one year had the company once more on an even keel...
...Damoclean dagger rather than sword are the $1,420,000,000 worth of U. S. stocks and bonds held by Allied investors. Their value is less than 2% of that of all securities listed on the New York Stock Exchange. But under the imminent and certain threat of World War II, the hair that held this dagger over U. S. securities markets looked scarily tenuous to market men. If French and British investors had sold their holdings in a panicky rush for dollars, the dagger would have dropped on an already queasy market, drawn real blood...
...Claudius (as he is called in that "perverted" form of Hamlet's story which is most familiar to us to whom Mr. Cabell refers. It is a certain Wiglerus who, in spite of his strange and somewhat comic name, turns out to be none other than the stock Cabell hero, although figuring in a highly exotic environment. One would say, offhand, that the world of the Norse sagas is the last place to look for one of Mr. Cabell's latter-day Jurgens: middle-aged, disillusioned-but-invincibly-romantic, garrulous, priapic...
From title to final fade-out there is nothing new, nothing unexpected in this satisfying grade-B picture. But at least nothing is left out. First there is the stock shot of the Manharian sky-line. Then the murder, the sirens and the police-radio, the scene in the D. A.'s office with the reporters. After a short sequence in the jail with the stircrazy cell-mate, the court-room scene begins. It involves a dead-locked jury and a new witness before everything winds up happily, the mystery is unraveled, and the newspaper headlines proclaim the verdict. Amazingly...
There's little that is revolutionary in the YCL circular. In fact, even such a conservative as Mr. Vandenberg could probably read most of it without a change of pulse. Anyone can watch the stock market reports, and recent activities in some key industries such as steel and machine tools, and comparing these indices with the war news, conclude that American business is flirting with war profits. It doesn't take a clairvoyant, or a Marxist, to see that last September's Neutrality Act fitted in beautifully with the desires of American big business. And a nation taught to recoil...