Word: coals
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Dates: during 1930-1939
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...Even last June the British were exerting pressure," snapped the Professor. "They were demanding immediate payment from us for bunker coal and freezing up on credit." Off the record Italians were said to have noted that, within 24 hours after II Duce refused the concessions regarding Ethiopia offered by Britain last summer (TIME, Aug. 26), British bankers flashed urgent messages to their U. S. affiliates and, when these curtailed credit to Italy, their action was given by British bankers subsequently as a reason why they could not extend credit to Italy. "I have been steadily engaged in adjusting the National...
...Queen's notion was that if the people could not have bread they might have to eat cake and Italians may have to wear natural silk, of which Italy produces plenty, instead of cotton, of which we produce little or none. Having electrified many of our railways, the coal saved is now going into the bunkers of troop ships. We are pinched today. But it is a choice of evils. We must overflow elsewhere or blow up in Europe. We can perhaps hold out longer than other peoples who have little to go on because, although the Almighty gave...
...nation's 400,000 soft-coal miners who quit work last fortnight (TIME, Sept. 30) their strike turned out to be nothing but a good, profitable rest. While they loafed and slept, representatives of operators and miners who had been haggling in Washington since mid-February came to terms in four days. Contracts were signed to begin this week, run until April 1, 1937. Day-rate workers, including two-thirds of all miners, got their basic pay upped from $5 to $5.50 per day. Adding on similar increases for piece-workers, operators figured their labor bill had been raised...
Died, Edgar Lewis Marston, 75, retired Los Angeles banker, broker, oil promoter, co-founder of Texas & Pacific Coal & Oil Co. and longtime member of Blair & Co. (later Bancamerica-Blair Corp.), father-in-law of Singer Lawrence Tibbett; of a heart attack; in Los Angeles...
...were knocked down to the banking group or outsiders. But when the auctioneer put up the securities in four big blocks Col. Ayres's bids took only two. The other two groups, largely non-Van Sweringen stocks, went to Hallgarten & Co. for $1,582,000. For control of coal mines, street railways, office buildings, suburban developments, trucking companies, a hotel, a department store and Alleghany Corp., through which they run 23,000 mi. of railroads, "O. P." and "M. J." paid...