Word: brokering
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Since Britain has been slated to play the role of honest broker between Germany, France and Russia in the proposed Eastern Locarno Peace effort (TIME, Feb. 18), His Majesty's Government found this week that they must take whatever initiative had to be taken in retort to Adolf Hitler. Visibly perturbed, Foreign Secretary Sir John Simon rushed to London from a holiday in South Wales...
...marriage broker's handout, all this purported to describe H. R. H. Princess Ingrid Victoria Sophia Louise Marguerite, 24, only daughter of Sweden's Crown Prince Gustaf Adolf. By popular request, all princesses are beautiful, but in fact Sweden's Princess Ingrid is a nice-looking girl, trim and healthy. For that reason, ever since she turned 17. the world Press has married her off on an average of at least once a year. Disregarding ephemeral rumors, the press candidates "on highest authority" were...
Slips of paper numbered from 0 to 18 are placed in a hat and eight brokers draw. The rest of the slips are discarded. Trading in a hypothetical stock then begins. At the end of the game the sum of the numbers on the eight slips represents the closing price of the stock but in the meantime each broker knows only his own number. The lowest possible total for any eight slips is 28 (the sum of the numbers from 0 to 7). Highest is 116, the average 72. Thus, if a broker draws a very low number, he knows...
...shipping man left in Hitler's Reich, he enjoys government protection chiefly because of his distinguished War record, which included an important artillery command on the Western Front and the Iron Cross, first class. Soon after the War this Saxon-born son of a well-to-do shipping broker decided to go into business for himself. Backed by friends' money, he bought a dozen British freighters grown rusty in the Australia trade, reconditioned them as automobile transports. He installed high-speed elevators in his ships, similarly equipped his docks at Antwerp and Weehawken, N. J., carried nothing...
Instead of sticking strictly to a discussion of prices, however, the President used the word "dollar," which rings like a gong in the ears of every banker, broker, businessman and speculator in the U. S. All was quiet on the floor of the New York Stock Exchange when the routine White House story was slowly tapped out on the news ticker. As soon as the brokers spied the word "dollar," a mighty shout uprose: "Devaluation! Roosevelt plans to devalue the dollar some more...