Word: divest
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Dates: during 1920-1929
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When Wheeling & Lake Erie stock holders met at Cleveland last week, the Taplins argued that the Van Sweringens should not be allowed to vote their Nickel Plate and Alleghany holdings, inasmuch as the Interstate Commerce Commission last month (TIME, April 29) ordered the Nickel Plate to "divest" itself of its Wheeling stock. Therefore, the Taplins argued, the Van Sweringens had no right to vote stock which they had acquired and were holding in defiance of the I. C. C. Compromising, the Van Sweringens voted to adjourn the meeting until August 1, at which date the legality of their Wheeling holdings...
...matter of fact- It seems indisputable that the underlying cause for this year's anti-baloney epidemic among politicians lies not in the politicians' honest hearts, but in the alert U. S. press, whose newsgatherers, observers, commentators and editors have spent many years trying to divest U. S. politics and politicos of the more obvious political shams and absurdities. Journalism, having sown well the seeds of satire, itself deserves credit for making "baloney" forbidden fruit...
Before attempting to deal with this politically impossible situation, it seemed prudent for Sarwat Pasha to divest himself somewhat of his pro-British taint. This he attempted to do by the bold if paradoxical move of reporting to Baron Lloyd that the Egyptian Cabinet had totally rejected the treaty...
Lord Elgin made the most of his good luck. Putting a broad interpretation upon his carte blanche, he proceeded to divest the Parthenon of its rarest ornaments-pediment, friezes, metopes, statuary. He proceeded as a private individual, without authority of parliament, with only private encouragement of public men. Hundreds of natives were employed in excavating, removing. The people of Greece showed no resentment. Indeed the interest attaching to the work brought tourists. The tourists, then as always, spent money. As for the Turks, they had little use for Greek relics, other than as objects upon which to inflict spiteful blows...
...will, therefore, understand me when I tell you that, prefatory to the important engagements which I have undertaken to fulfill on my journey round the world, I have definitely decided to divest myself of all my property and form an incorporated society which will provide the necessary funds for continuing in the future the publication of the Review of the Churches, issued to the clergy of all communions, as it is now, at a heavy loss to support all movements for church unity and international peace, and further other religious and social ends...