Word: wrong
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...many, upon hasty judgment, into scathing condemnation of steamship companies, captains, and speedy runs, but a careful study of the facts already known and those that will be brought out in the Lighthouse Service Investigation will show the weakness of snap judgments. Granted that the "Olympic" was in the wrong according to decisions of Admiralty Courts which hold that in case a ship is unable to stop in time to prevent a collision she is going too fast for the conditions, yet in this unique instance there are many extenuating circumstances. The "Olympic" which had navigated form Liverpool by dead...
...family holdings and sold stock to the public. Later he founded another such company, called it Corporation Securities. Thus Samuel Insull entered on the great game of 1929, building towering corporate pyramids, buying and selling stock. He had been right so long the public thought he could never be wrong and so followed him blindly down the road to ruin. He built his tower of stock certificates so high that it cracked and crumbled. Bidding against Eaton. Insull's holding companies paid not only regular 1929 prices, but battle prices for the shares of his operating companies...
...toward Hodeida. Word reached British authorities in Aden that among the Saudite loot in Hodeida were great quantities of Italian-made munitions. The Red Sea is only 100 miles wide at Hodeida, and on the other side lies only partially pacified Italian Eritrea. Blushing at having backed the wrong horse, Italy dispatched the destroyer Turbine. France, too, was on the defensive, fearful lest the exploits of Ibn Saud, keenest sword of Allah, put wayward ideas in the heads of her Mohammedan tribes...
First chapter of the Dillinger career was the sordid story of a boy gone wrong. In 1924 he began with petty robbery, was identified after a grocery store hold-up at Mooresville outside of Indianapolis. For that he got a sentence of from 10 to 20 years. And the chapter ended with him in the Indiana State Penitentiary after he had proved too tough a customer to be handled in the reformatory...
Occasionally he offers wholesale wagers in the wrong company. At his Beach Club in 1923 he offered anyone 5-to-1 that a sure starter in the Derby, three months away, could not be named. Up spoke Harry Sinclair and Joshua S. Cosden, asking for $5,000 worth apiece. Both had Derby eligibles, and although their horses had run last in the Preakness week before the Derby, both delightedly posted the $500 entry fee to send them to the barrier. Mr. Sinclair's Zev came in No. 1, Mr. Cosden's Martingale...