Word: contract
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Dates: during 1930-1939
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TIME correctly stated that Isidore W. Schlesinger will operate diamond cutting plants at Kimberley and assume a contract with the South African Government. TIME was incorrect in stating that Cineman Schlesinger will mine diamonds in Namaqualand. He will get his diamonds from the De Beers syndicate, will engage in no price-cutting...
...mistaken. The Federal courts virtually nullified the Clayton Act in so far as it was supposed to protect trade-unionism from the anti-trust law. Strikes were still broken by Federal injunctions charging interstate conspiracies and monopolies. Labor leaders were still jailed without hearings for contempt. The "yellow-dog" contract spread and throve. Bitterly disappointed, union labor demanded that Congress do its job over again, enact fool-proof legislation through which hostile employers could not weave their way to the Federal courts...
Tempting, newsworthy is a book just promised to U. S. readers by smart Ray Long who used to edit Cosmopolitan. In London last week Publisher Long said that he actually possessed a signed contract binding Josef Stalin and Maxim Gorky jointly to write a book...
...Short Sale. Every transaction consists of a purchase and a sale. To sell short means that the seller has not got what he is selling but expects to acquire it later at a lower price. A short sale in stocks is essentially a contract between a seller and his own broker. A speculator, for example, wants to sell 100 shares of U. S. Steel short. The broker executes the sale in the normal way and gives the buyer a certificate for 100 shares of Steel. The buyer then disappears from the picture. The broker, being owed 100 shares...
...fiber tube, into which the guinea pig may craw!; one end of the tube opening into an ordinary dynamic radio loudspeaker. On one side of the tube is a door, through which a little drum may be placed, and as the pig breathes pressure causes the drum to contract, raising and lowering a pointer which marks on a revolving smoked drum. This apparatus is rather amusing, for the guinea pig crawls into it without any encouragement, and once inside never attempts to move. When the experimenting is over, one merely points the tube toward the light and the pig will...