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When Anglo-Persian, due to world overproduction of oil, started to curtail its Persian flow (and therefore the Shah's royalties) Chief Marshal of the Court and Minister of State Teymourtache simply could not understand. "O King of Kings," he reputedly said to the Shah, "the policy of the English is clearly wrong. If more oil is produced, the price of this fluid all over the world will become cheaper, thus conferring universal benefit, and the more oil that flows the greater will be Persia's royalties. Since the deluded English wish to produce less oil, not more...

Author: /time Magazine | Title: THE LEAGUE: Benes or Bagfuls? | 2/13/1933 | See Source »

...wide, 10 mi. long, 3,000 ft. deep at the centre. Now owner of the vein is Roan Antelope Copper Mines, Ltd. Six years ago Roan had not been formed. Two years ago it was not producing commercially. When last spring the coppermen of the world decided to curtail production to 20% of capacity, Roan Antelope meekly agreed to a quota of 23,000 tons. Last week when the coppermen were meeting in Manhattan to renew their pact, Roan Antelope's representatives arrived bristling with demands and challenges. African copper has long been considered a potential threat...

Author: /time Magazine | Title: Business & Finance: Africa Speaks | 12/19/1932 | See Source »

...these small college teams, respectively Buffalo, Bates, and Niagara. Harvard won 66-0, Yale played Bates a scoreless tie, and Cornell managed to beat Niagara 7-0. The Bates game with Yale and the valiant fight that the Dave Morey coached team made at New Haven did much to curtail the criticism this year. Sports writers were agreed that on the actual play Bates was stronger...

Author: NO WRITER ATTRIBUTED | Title: Setting-up Exercises | 10/15/1932 | See Source »

...budget must necessarily be cut the mistake seems to lie in where the cut is made. It appears to be a rather misconceived program to uphold the salaries of the teaching staff and curtail the services to the students; in as much as the college is primarily operated for the benefit of the students, and that said students are paying practically as much for services now as over before. Winthrop Lewis Plaisted...

Author: NO WRITER ATTRIBUTED | Title: Library Hours | 10/1/1932 | See Source »

...American education faces a crisis. Thirteen thousand localities have been forced to curtail constructive educational activities, shortening the school year or reducing salaries and lowering teaching standards." Therefore, said A. F. of T., let Congress provide aid to States and municipalities through Reconstruction Finance Corp., for educational projects, payment of salaries, feeding of undernourished children...

Author: /time Magazine | Title: Education: Teachers Meet | 7/11/1932 | See Source »

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