Word: bankrupts
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When famed Elizabeth, alleged virgin queen, used to tour her realm, feudal lords would nearly bankrupt themselves to feed her and entertain her. But today, while Socialists control many a public purse string, the royal gambols are distinctly gambles. Only after long haggling did the City Council of Glasgow decide, by a lean majority, to entertain the King-Emperor and Queen-Empress on their summer visit (TIME, Feb. 28). But the Socialists continued to fight and last week the Council reversed itself, voting, 25 to 11, that there will be no luncheon at public expense for Their Majesties. Tactful, George...
...term "White Elephant" originated, as Siamese know, from the practice of the ancient Siamese kings in presenting to courtiers whom they wished to ruin a white and therefore sacred elephant, the upkeep of which, including the hire of hundreds of attendants, was enough to bankrupt any man of modest fortune...
...Christian gold flowed in from the outer world but soon it was all lost by the charming but impractical Viennese. Department stores passed into Christian hands but the aisles were vacant, management was stupid, fashion languished. The krone, dropping dizzily, turned today's newly-rich bourgeois into tomorrow's bankrupt. Theatres closed or gave dull plays with inept actors. Tens of thousands of Viennese apartments stood vacant. Viennese husbands moped; without the competition of smart Jewesses, their wives wore Scotch tweeds, Alpine woollens, no cosmetics. The tearful partings of polyracial relatives only faintly reflected the hardships suffered later by ladies...
...None the less the organizing committee of the Liberal Party found itself so nearly bankrupt last week, that it voted 19 to 14 to accept funds from the ?1,000,000 (84-860,000) private fund controlled by Mr. Lloyd George. The Attorney General, Sir Douglas Hogg, commented: "Lloyd George is using money which he obtained by selling titles while in power, to buy the Liberal Party, so that he can sell its support to the Laborites...
...highest in the profession. For $100 no one can hire me to walk out my office door, if that walking displeases me. Yet last week I was given a fee of $83.75 for representing Allen R. Ryan, son of Thomas Fortune Ryan. I was his lawyer when he went bankrupt, after his 1920 corner of Stutz Motor stock, with $9,000,000 of unsecured debts. Last week those debts were liquidated for approximately 18½c on the dollar. My $83.75 represented my original...