Word: erals
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...Chamber to begin debating the budget, perhaps his one chance to keep the Deputies harmlessly preoccupied for some weeks. A score of Deputies of nearly as many parties rose to protest. Even blind Deputy Scapins was up in arms. Finally one Jean Montigny, obscure Radical Socialist demanded a gen eral debate on the Hague agreements, Young Plan and Rhineland evacuation...
Federal Reserve. Last February the Federal Reserve Board harassed the market by convening every Thursday to discuss a raise in the rediscount rate, then reporting "no announcement.'' It formally announced that "when it [the board] finds that conditions . . . obstruct Fed eral Reserve Banks in . . . so managing credit facilities as to accommodate commerce and business, it is its duty . . . to take measures to correct them; which, in the immediate situation means to restrain the use of Federal Reserve credit facilities in aid of the growth of speculative credit." For months no more was heard. Brokers and speculators forgot. Last week when...
...Department to be a commander who could follow orders to the very last letter.** That was the type of a commanding officer whom Secretary Baker desired, and it was Secretary Baker and General Moseley, now of El Paso, who were responsible for the selection of Gen eral Pershing for his high command. Senectissimus may have had something to do with Pershing's marvelous rise from Captain to Brigadier, but in this important matter he had no hand. This can be easily verified by consulting with Ex-Secretary Newton Diehl Baker or Brigadier General George Van Horn Moseley...
...then if the latter is straightway executed, it is comme il faut for the embarrassed guarantor to commit suicide, and soon. Embarrassed in the Chinese capital of Nanking, last week, was elder statesman Wu Tze-hui. People kept telling him that a man whose life he had guaranteed, Gen- eral Li Chai-sum, the governor of Canton, had been executed-and there were newspapers to prove it. "Fate leaves me no alternative!" cried grizzled Guarantor Wu. "For my worthless neck the cord!" Presently there were Chinese "Extras!" on the street with news that Wu had committed honorable suicide; and then...
James Cannon Jr., many years ago, pinned upon his mother's breast her only jewel (the white emblem of Prohibition) and laid her to rest and dedicated his life to her battle against alcohol. No mean gen eral, he could fight on two fronts, upward in the church, onward against politicians. Both battles culminated last year in un qualified personal victory. In politics, he undermined the Byrd better-government organization in Virginia, which endorsed the Wet Smith, and put the State in the Republican columns. For this activity he was declared last week to be the man who had done...