Word: cashing
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Dates: during 1920-1929
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...resolution authorizing some future President to invite foreign nations to exhibit at a Chicago World's Fair in 1933-provided there is one. After its costly experience with Philadelphia's Sesqui-Centennial in 1926, the U. S. attached strings: Chicago must show $5,000,000 as a cash guarantee before the invitations go out; the U. S. Treasury is to be put to not a penny's expense...
...deals in diamonds. Its patrons agree to pay $1 a week for 100 weeks, at the end of which period they receive a diamond worth $175. If they pay $2 a week for 100 weeks they get two diamonds, worth $350. The company reserves the right to make a cash settlement at any time after eleven installments have been paid, this settlement to consist of a refund with the generous interest of 37-3%. This repayment-with-interest appears to have overshadowed the jewelry portion of the business. Hundreds of dollar-a-week investors have had their partial payments refunded...
...Although no details will be announced for several months, it is understood that the new competition will take the form of a contest covering a year of flight in which the best records and development during that period will determine the winner. Last year Mr. Loening offered several substantial cash prizes for the winning airmen and it is believed that he will make the same arrangement in the forthcoming year...
Bishop Cannon is the first to receive the Christian Herald's award, which hereafter will be annual. Since the Christian Herald is the largest Protestant weekly in the U. S. its award is a matter of no small moment. In time, Editor High and Chain-Store Tycoon James Cash Penney, who is president of the Christian Herald Association, Inc., hope to have their award rated as a sort of Nobel prize for religion. Unlike the Nobel prizes, however, Christian Herald awards will go to none but U. S. citizens...
...Penney's son James Cash Penney Jr. approves tobacco, of alcohol...