Word: agreement
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Dates: during 1920-1929
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Referring to the now almost complete Anglo-U. S. naval agreement (TIME, Sept. 23) the President said: "There are proposals which would preserve our national defense and yet would relieve the backs of those who toil from gigantic expenditures and the world from hate and fear which flows from rivalry in the building of warships." To define as narrowly as might be prudent his conception of what constitutes "adequate preparedness" he declared: "That preparedness must not exceed the barest necessity for defense or it becomes a threat of aggression against others and thus a cause of fear and animosity...
...present one-for-seven quota is to remain in force until Oct. 1, 1930 and, if agreement has not then been reached on the new levy, will be extended for another year...
Firstly Her Majesty recalled that The Hague Conference quarrel ended, if not amicably, at least in a formal agreement by the Great Powers to adopt the Young Plan which will take the payment of German Reparations out of politics and put it on a business basis. "Great is our joy that the Conference achieved this success!" cried Queen Wilhelmina...
Pool. Merger-shouters predicting a combination of Johns-Manville Corp., Insulite Co. and U. S. Gypsum Co. were wrong last week. Instead, both Johns-Manville Corp. and U. S. Gypsum Co. entered into marketing and distributing pools with Insulite Co., remained competitors of each other. The Manville-Insulite agreement is that Johns-Manville Corp. will use and market Insulite's rigid wall board, insulated against heat (used for partitions, kennels, stage props, mirror backs, outhouses) west of the Alleghanies. The Gypsum-Insulite agreement is to merge their distributing resources in all parts of the world since gypsum, like Insulite...
...Thus ends, by friendly agreement, an episode which caused an amount of comment all out of proportion to the plain business involved...