Word: centralizes
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Dates: during 1930-1939
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Last week the Japanese once again pointed out to Sir Robert that the 48,000,000 Chinese dollars (worth approximately $4,300,000 last week) still held by Chinese and foreign banks inside the Concession, originally belonged to the North China Government at Peking. In 1935, when the Central Government at Nanking reformed its finances on the advice of Britain's Economic Adviser Sir Frederick Leith-Ross, it requested that the independent North China Government give up the money. Peking refused, kept the money in Tientsin. The money was therefore never Chinese but North Chinese, argued the Japanese...
Rumania, her trade reduced to a mere exchange of goods with the Central Powers by the closing of the Dardanelles, approached crisis before she threw in her lot with the Allies. The peasants-a great majority of the population in each country-unable to buy industrial goods, finally ceased to produce crops for the market, practically fell back on subsistence farming...
...Southampton, a director of $150,000,000 Cable and Wireless, Ltd. But he is also on the board of big Phoenix Assurance Co., Ltd., which controls eleven subsidiary insurance companies; of Santa Rosa Milling Co., Ltd., which has Chilean and Peruvian subsidiaries; of London & Northeastern Railway Co., Central Argentine Railway Ltd., the Mercantile Bank of India, Ltd., Crown Flour Mills, Ltd., United Baltic Corp., Ltd., of companies dealing in tobacco in Dublin, telegraph services in Africa...
Belair. One of the few large U. S. racing establishments that annually show a profit at the end of the year, William Woodward's Belair Stud is conducted with the same efficiency that developed the Hanover National Bank into the huge Central Hanover Bank & Trust. Belair is itself a fairly big business. It represents an investment of perhaps $1,000,000 and spreads over four plants. The horses are born in Kentucky, raised in Maryland, groomed for their racing careers on Long Island (or Newmarket), retired to stud in Kentucky...
When Scene Designer Robert Edmond Jones began the Central City festival (with Lillian Gish in Camille), he frowned on sideshows, drinking shindigs in the Teller House bar. Present producer-director of the festival is Frank St. Leger, Chicago musician. Last week square dances, tintype studios, night-club entertainers flourished once more in Central City. With The Yeomen running up the best box office in recent years, likelihood was that the festival would henceforth stick to plushy musical shows...