Word: boarded
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Dates: during 1930-1939
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Cash & Carry. But fear of war still stirred in Congress. So in May 1937 another Neutrality Act was passed. At the instigation of Bernard M. Baruch, wise old chairman of the onetime War Industries Board, it added to the provisions of the earlier acts, authority for the President to forbid the export of any goods to a warring nation except on a cash & carry basis. He never used this power and two months ago it expired...
...allies. Poland will receive the lion's share of the credits (one estimate had it that the Polish loan would amount to $200,000,000), but Rumania, Turkey, Greece and Egypt are also expected to share. Almost all the money, which will be lent through the Board of Trade, the British equivalent of the U. S. Department of Commerce will be spent in Britain to buy munitions, raw materials, war supplies. About $30,000,000 can be used to buy goods that Britain has imported and is willing to reexport. The bill is expected to pass Parliament this week...
...side was the family banking house into which he had been born 25 years before, the firm of John R. Williams of Richmond, Va. On the other was the established, close-mouthed management of the $19,303,681 Freeport Texas sulphur syndicate headed by old E. P. Swenson, onetime board chairman of Manhattan's powerful National City Bank...
Today at 36 Lang Williams is president of Freeport Sulphur Co., corporate successor (in a reorganization in 1936) to Freeport Texas. Board chairman is socialite John Hay Whitney who is only 34. Between them they operate the second largest sulphur company in the world (the largest: Texas Gulf Sulphur), which supplies some 27% of the world's supply of brimstone sulphur. Last year gross sales were $10,050,355. With its financial socks pulled up, Freeport Sulphur paid dividends of $2 on 796,380 shares of common stock, has paid a total of 50? in the first half...
...what-for from his father, former Japanese Premier Fumimaro Konoye. The family's "face" was saved when Butch was appointed Dean of Japanese-sponsored Tung-wen College in Shanghai's French Concession. Last week, with flying colors, Butch passed an examination given by a conscription board and was admitted to the Japanese army...