Word: aug
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Dates: during 1930-1939
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...this while at No. 11 Downing St., next door to Prime Minister MacDonald. Holding the sinecure called Lord President of the Council, he has in fact made the National Government's most vital pronouncements, such as his famed "The Rhine-that is where our frontier lies!" (TIME, Aug. 13). Last week Mr. Baldwin, arrayed by his valet for audience with the King-Emperor, waited serenely while George V in Buckingham Palace had a nice long tea with James Ramsay MacDonald...
...Council passed two interlocking resolutions. They provide that four arbitrators (Abyssinia's two and two appointed by Italy) must reach a decision by July 25, failing which a fifth arbitrator will be chosen by the League Council. All five will be given until Aug. 25 to reach agreement, after which the League Council will take things over, scratch its head, ponder...
Excellent from the Italian point of view was the League's agreement. Made operative under the Italo-Ethiopian Treaty of 1928 it still left Italy more or less free after Aug. 25 to treat as she would with the League. The Italian general staff, skeptical from the beginning of the Abyssinian adventure, had insisted for months that it was useless to advance until the rainy season was over, about Sept. 1. Of course if the arbitrators could reach a definite agreement before Aug. 26, Italy might be obliged to abide...
...matter of making the companies toe the strict line of New York State's insurance laws-as Superintendent George Slingerland Van Schaick (pronounced Skoik) found out. For also under his supervision were the big mortgage companies that cracked up after the 1933 Bank Moratorium with scandalous reverberations (TIME, Aug. 14, 1933). Having reorganized nearly one-fourth of the $800,000,000 guaranteed mortgages which his department had to take over. Superintendent Van Schaick retired to his law practice in Rochester, N. Y., which he left unwillingly in 1931 at Governor Roosevelt's request...
...funds to carry inventories through the aging process. Last summer President Seton Porter of National Distillers Products Corp. proposed to raise money by selling 337,000 shares of new common stock to the public and an equivalent amount to Distillers Co. Ltd., Britain's fabulous whiskey trust (TIME, Aug. 30). The scheme was abandoned when DCL refused to pay $25 a share. Last week National Distillers announced its latest bid for fresh capital by filing registration with the Securities & Exchange Commission for a $15,000,000 42% debenture issue-biggest single piece of new financing since the Securities & Exchange...