Word: accountability
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Dates: during 1920-1929
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Major Mariano contributed to the Nobile Saga, last week, another and still more bizarre account of how he and Captain Zappi left the Swedish scientist Dr. Finn Malmgren to die upon the Arctic ice (TIME, Aug. 6). Said Mariano: "When the unavoidable separation from Malmgren came and we dug him a trench we told him we would halt 100 yards away and wait there twenty-four hours in case he changed his mind and considered himself able to continue. We did this, and when we saw him, on one occasion, lift his head we shouted, 'Come on, Malmgren...
Dutch courtiers know a story of how the little Princess made herself Queen of the Netherlands by a single bold stroke. Senile King Willem had been paying court to her elder sister, Princess Helen, who tactfully refused him on account of his age and reputation. At this crucial moment young blooming Princess Emma is said to have entered the room, exclaiming reproachfully, "Oh Helen, / should never refuse to be a queen!" To counteract the sensation produced by this generally believed tale, Princess Emma's mother herself arranged to convey a subsequently made proposal of marriage from King Willem...
With $500,000 surplus cash to put aside until it is needed, a corporation usually does one of two things. It may bury the money, either in gilt-edged securities, yielding from 3 to 4%, or in its bank account, where it draws 2% as a commercial deposit. Or it may ask the bank to lend the money out on call, at interest rates ranging from 5 to 10%. As the bank asks only a small commission for this service and generally assumes all the risk, the conversion of surpluses into call loans has become a popular feature of corporation...
...organize a good "racket," with department stores as your particular victims, you might work it out this way: Send Miss T - to New York or Chicago or Philadelphia, $300 in her pocketbook. Tell her to pick the name of some reputable citizen from the telephone book, then start an account in her name at a local bank, using the good check as a first deposit. This done, she could go shopping. For each article she buys, she gives a check, double the purchase price, asking for the balance in cash. Cautious department stores do not accept checks without investigation. Credit...
...hour later, Elena, a 137-footer, sailed across the finish line to capture the King's cup for Class A yachts. Her sailing time was 16 days, 21 hours.* Miss Helen G. Bell, daughter of the Elena's owner, wrote a seaworthy account of the voyage for the New York Times. She told of one rough afternoon and night: "The ship heeled over until the lee rail was awash and now and then as she shipped seas over the stern the water raced down the scuppers. "When I turned in for the night the sky was covered with ominous black...