Word: itemizes
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Dates: during 1930-1939
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Secretary Mellon was no man to rest on these fiscal laurels. Interest on the public debt is a major item of Federal expense. To reduce that interest, to get the cheapest loans possible is the eternal duty of a vigilant Treasury Secretary. Therefore last week Secretary Mellon announced that his department would on March 15, recall $1,149,380,050 in Government obligations which normally would not mature for a year or more. The Treasury is now paying 3½% interest on these notes. Every banker knew that Secretary Mellon had recalled these issues with the expectation of refunding them...
Another rubber item last week was a petition for receivership against Kelly-Springfield Tire Co. (Keep Smiling with Kellys). Answering that the application had not been made in good faith, Kelly-Springfield claimed it has suffered no more than any other tire company, that its present position is better than the "current assets nine times current liabilities" showing of June 30, that it earned $270,000 during July and August...
Thanks for turning up the item (in your issue of Aug. 11) about Fascist soldiers firing on a rescue party of St. Bernard monks, ft did not appear in any of the dailies I read. . . . My greatest (presumably unattainable) ambition as a modern woman with civilized tastes: to snub Mussolini...
...Chief item of the new code pertains to reorders of portraits originally secured through dealers. The contract stipulates: on reorders commissioned by clients within one year after completion of the first portrait and on orders traceable to paintings contracted for through a dealer, the dealer receives full commission. During the second year the dealer's commission on reorders shall be four-fifths of the original rate; in the third year, three-fifths ; in the fourth, two-fifths; after that, nothing. If misunderstandings arise, artist and dealer will submit their case to arbitration. The pact recommends, does not stipulate, that...
...artists took note of an item of legal news last week, put it away for future reference. Portrait Painters Gallery, Inc. of Manhattan has long had an oral agreement with Artist Howard Chandler Christy whereby the gallery sent him customers, he to charge sitters a minimum of $4,500 for an oil, the gallery to receive a commission of $1,500. To him months ago they sent a woman client. He charged her $2,500, paid the gallery nothing. On two counts the gallery sued: 1) for the unpaid commission; 2) for $100,000 injury to the gallery...