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When witty, dashing David Lloyd George was elected a Carnarvonshire alderman at 26, an M. P. at 27, he was criticized as being too brash for one so young. At the end of the century, with such mighty trombones as Joe Chamberlain blaring imperialism, he was criticized for playing pacifistic, pro-Boer tunes. The wealthy aristocracy lambasted him, when he became Chancellor of the Exchequer, for his famous Budget of 1909 (which lambasted them) and for his bad taste in calling certain noblemen "Mr. Balfour's poodles." In 1912 he was censured in Parliament for a somewhat shady deal...

Author: /time Magazine | Title: Foreign News: Welshman's 50th | 5/1/1939 | See Source »

...became mayor and Jimmy Hines lost the city's horseshoeing business. For $3,500 he sold a share in the smithy to one Klenke. Hines drew $75 a week for himself and about $4,000 a year out of profits, but after 1907, when he was elected alderman, politics was his real profession. In 1912 he sold Klenke the rest of the smithy for $7,000, and with a man named Madden went into the trucking business, fattening on city contracts for snow, garbage, rubbish removal. After a strike by the city's truckers, they made...

Author: /time Magazine | Title: NEW YORK: Portrait of a Boss | 4/3/1939 | See Source »

...Manhattan's ex-Alderman Fairchild let go his red herring. "Democracy," as he is well aware, is that ideal government defined by Lincoln as "of the people, by the people, for the people." By "the democracies" TIME, in common with the rest of the world's press, refers to the U. S., England and France - the democratic countries which are of No. 1 military importance...

Author: /time Magazine | Title: Letters, Mar. 20, 1939 | 3/20/1939 | See Source »

Fidelity's president, 68-year-old Carmi Alderman Thompson, onetime Treasurer of the U. S. (1912-13), protested bitterly. But rather than go through lengthy litigation on the matter, he agreed to a permanent injunction terminating all the alleged violations of SEC regulations. This quieted SEC but brought a court petition from nine Fidelity shareholders asking that it be put into receivership for insolvency. While Fidelity voluntarily ceased selling certificates and making payments, the case dragged through several postponements in Federal District Court of Wheeling, W. Va., headquarters of the company...

Author: /time Magazine | Title: Business: Solvent | 2/13/1939 | See Source »

Growing mushrooms in a subterranean room on his Cleveland estate is the hobby of pudgy, sleepy-eyed Carmi Alderman Thompson, onetime Treasurer of the U. S. (1912-13) and currently president of Fidelity Investment Association. Old Financier Thompson may soon have more time for his mushrooms, for last week SEC asked a Federal judge in Detroit for injunctions whose effect might put Fidelity out of existence "as a fraud and deceit...

Author: /time Magazine | Title: MONEY & BANKING: Fraud and Deceit | 12/26/1938 | See Source »

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