Word: formula
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Dates: during 1920-1929
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When U. S. officials dine out, they do so by their titles, not their names. Thus, invitations and dinner cards say: "The Secretary of State and Mrs. Stimson," or the Chief of Staff and Mrs. Summerall." This formula appears truly remarkable when applied, down the line, to "the Chief of the Oil, Fat and Wax Division of the Department of Agriculture, & Mrs. Jones...
...figure hardly reflects its earning capacity, which is probably from $5,000,000 to $10,000,000 per year. But the U. S. Government collects income tax on no such earnings, for the unpurchasable Times is not operated as a dividend milk cow. The formula of its success, the secret of its prestige, is its policy of accepting only the best, and paying...
...personal representative of President Herbert Hoover, Elder Statesman Root had just scored an exciting triumph. After wrestling with the League of Nations committee on the World Court Protocol for 14 days−with a two-hour nap at his hotel every afternoon−he has achieved acceptance of a formula under which the U.S. Senate is expected at last to ratify the protocol for U.S. adherence to the Court...
...Root Formula (TIME, March 18) is a polite rephrasing of the U.S. Senate's notorious "Reservation V," drafted to provide for U.S. adherence only on condition the Court would not, without U.S. consent, render "an advisory opinion touching any dispute or question in which the United States has or claims an interest." As finally approved by the League Committee, last week, this brusque language is softened without emasculation, thus...
...effect of the Root Formula is thus to leave the U.S. entirely free to divorce the World Court instantly at any time after the diplomatic marriage takes place. A novelty is the provision for direct, official communication between the U.S. State Department and the Secretariat of the League−an avenue of communication which does not exist at present. The form of protocol approved last week will now be submitted to the Council of the League, to the 52 states adherent to the World Court, and to the U.S. Senate−assuming, of course, that no previous hitch occurs. Last...