Word: gold
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Dates: during 1920-1929
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Strange would that customary formula have sounded if recited for a bond issue announced last week. The purpose of the issue of $250,000 of five-year 5% gold bonds was to improve business of the issuing company by conducting a bigger and better strike of 45,000 employes. The name of the issuing company is the International Ladies Garment Workers Union...
...Shantung. He taxed and stole $10,000,000 cash out of that luckless province before the Chinese Nationalists drove him out (TIME, Sept. 24). Insatiable, he set sail from Japanese waters last spring with a privateering expedition, recaptured part of Shantung, terrorized banks and merchants into yielding him more gold, was finally driven out a second time (TIME, April...
...chairman, famed Owen D. Young, was scheduled to meet in Manhattan at 11 a. m. Promptly on the hour they trooped aboard Director Baker's Viking, 272-foot seagoing yacht. While General Electric motors propelled the Viking down Long Island Sound they transacted business, pocketed the gold pieces always given directors for incidental expenses,, adjourned for luncheon. The afternoon was spent on a pleasure jaunt, no minutes being kept of what was said or done...
...position is one bearish item. Like other western roads, the Southern Pacific has watched with growing concern the increase of traffic through the Panama Canal. When transcontinental railroads were first built the driving of a golden spike was the final ceremonial of their completion. But the real gold spike was Cape Horn. Freighters could not compete with freight trains as long as freighters had to wallow around the Horn. But the opening of the Panama Canal furnished a short water route from U. S. coast-to-coast. Fast new freighters go from San Diego to New York in 13 days...
...porcelain?five gold...