Word: jute
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...content with tying up or bothering, to a greater or lesser degree, the coal industry, the steel industry, the automobile industry, the shoe industry, and a number of other industries. Mr. Lewis has now turned toward the 1,250,000 workers involved in the manufacture of woolen, cotton, rayon, jute, and other clothing goods. Eighting northern as well as southern manufacturers, John demands a minimum wage of eighteen dollars, four dollars higher than N.R.A., a maximum hour week of thirty-five hours, and recognition of the C.I.O...
...were announced by the King who fortnight ago canceled his summer lease on the $350,000 villa on the French Riviera of Actress Maxine Elliott (TIME, Aug. 3). He turned last week to the "Richest British Widow," Lady Yule, whose husband Sir David ("The Scottish King of the Indian Jute Trade") left some $100,000,000 to her and Daughter Gladys. To King Edward, Lady Yule leased her $1,350,000 yacht Nahlin (an Indian name meaning "Fleetfoot...
...TIME, Feb. 18, 1935). The "Pepper King," an Armenian-born British subject named Garabed Bishirgian, had been accused of issuing a securities prospectus which he "knew to be false in a material particular." Aiding & abetting this crime was the charge against John Henry Charles Ernest Howeson, one time Calcutta jute dealer who changed his name from von Ernsthausen before he became the world's undisputed "Tin King." Third defendant was a Howeson hireling...
...King" Howeson had even a more spectacular rise from humbleness. With an obscure jute career behind him, he turned up in London about 15 years ago, changed his name for no apparent reason, set out to impose an economy of scarcity upon the world's tin industry. By the end of the 1920's he was master of a $165,000,000 group of British companies, mainspring of the potent International Tin Committee and a power in Empire affairs. The tin restriction plans which were incorporated in an international pact signed at The Hague in 1931 originated with...
...balance sheets or income & outgo statements which most editors regard as sufficiently newsworthy to print free. But a formal advertisement was something new to Wall Street. Mayor John V. Hinchliffe touched on Paterson history, Paterson population (141,000), Paterson business advantages, forgotten Paterson products (overalls, wall paper, airplanes, jute, art glass). During 1934 the city was run on a strictly cash basis, reporting a surplus of $414,001 after total expenditures of $7,998,000. Debt was reduced more than $1,000,000 to about $36,800,000. Tax delinquencies, carefully itemized, ranged from only 3% for the 1931 levy...