Word: trust
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Dates: during 1940-1949
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...close friends knew old Mr. Justice McReynolds as the gallant, trust-busting Kentuckian of another day, the bachelor legendarily faithful to the memory of his schoolgirl sweetheart (for years he reportedly made annual pilgrimages to Ella Pearson's grave in Louisiana, Mo.), the courtly wit of Washington society Sunday breakfasts, the man who wept at the graveside of Mrs. Oliver Wendell Holmes, and for whom Justice Holmes himself confessed a fondness...
...dollar devaluation: "The motto 'In God We Trust' on the dollar should be changed to 'I Hope That My Redeemer Liveth...
...election-fraud scandal stewing and with no 1941 budget voted, Argentina last week drifted perilously close to the rocks of political chaos. Only two men seemed to have any idea of what to do about it, and Juan Pueblo, as Argentinos call the man-in-the-street, did not trust either...
...idea: a pool of investment trusts to buy some of these British enterprises, perhaps sell them to the public. Quinn pointed to the pool Tri-Continental had formed last spring (TIME, May 20) that bought and later partly distributed the shares of great Newport News Shipbuilding & Dry Dock Corp. But the idea was older than that. When William Orville Douglas was chairman of SEC and Jerome Frank was his running mate, the U. S. economy was stagnating for want of new capital investment. The investment bankers, having no capital to speak of, were taking only seasoned issues they could retail...
Quinn returned to Manhattan to sell the plan to the industry. There he ran into three snags: 1) the jealousy of rival trust men; 2) their lack of ready cash, which might force them to sell their own securities in the thinnest market in years; 3) their fear of being accused of taking advantage of the British, buying them out under duress...