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...nation's fiscal year had ended with a deficit of £14,522,000, he said sourly, in contrast to the £4,096,000 surplus estimated by Mr. Churchill. He proposed to make up this deficit and balance the budget for the year at £781,909,000???nearly £40,000,000 more than the balancing figure last year. "I will now."said Mr. Snowden pouring himself half a tumblerful of water,? "I will now give the House a moment to recover from the shock of those figures,"and amid laughter the Chancellor downed two swallows...
Although he has never been associated with the magazine business, Publisher Martin is a director of Curtis Publishing Co. To him will ultimately, evidently, fall the task of carrying on all the gigantic Curtis interests. With spectacular prudence, his life is insured for $6,000,000??? the U. S. record...
Ruth v. Ruppert. After bickering all winter, Colonel Jacob Ruppert, owner of the New York Yankees, offered moonfaced, ball-slugging outfielder George Herman ("Babe") Ruth $160,000 for two years' work?his last word. Ruth's "last" word: He would not work two years for less than $170,000???he would rather retire. Next day, Colonel and slugger met in the Princess Martha Hotel in St. Petersburg, went into the Colonel's room. Ten minutes later the Colonel opened the door. "It's all settled?Ruth accepts...
...make the cotton fibres cling properly together as they were spun into thread. All England is damp, but the atrocious weather typical of Lancashire, is positively ideal?for cotton spinning. Nurtured on this gift of Providence the mills of Lancashire have grown until they now number close to 2,000???for the most part, small, ugly mills employing a few hundred craftsfolk in each...
...Commerce, both of Manhattan. Should this rumor?which has proceeded to the "reliably informed" and "authoritative sources" stage?be true, the resulting combination would constitute the world's largest bank. Guaranty Trust has resources of $1,052,000,000; National Bank of Commerce has assets of $934,000,000??? thus the merged banks would form a two-billion-dollar institution. Combined deposits of the banks would total $1,570,000,000. An exchange of stocks would probably be made on a share-for-share basis, as both Guaranty and Commerce stock are quoted at more than $900 a share...