Word: lawfull
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Last week members of the New York Clearing House made the evasion available to all corporations by saying they would handle small dividend and payroll drafts as they do checks. Thus, when last week shareholders of National Dairy Products Corp. received their dividend drafts, they could cash them as they...
Vernon Carroll Porter, a commercial artist free-lancing for the past several years, had an idea two months ago: to set up an open-air market for painting in Washington Square (TIME, May 2). He routed out artists, interviewed house-owners along Washington Square. Single-handed he met and was...
Amid a low huzza of Bronx cheers a gallant one-hundred-and-six Harvard men heard themselves fined for parking violations Saturday morning. Unfortunately they have no complaint, for their arrests were lawful, and there is no reason why they should have been warned, knowing Cambridge police as they do...
*Going-off steps: 1) a presidential proclamation prohibiting gold exports; 2) a Federal Reserve resolution suspending gold payments on its notes, with the legal alternative of payment in "lawful money"; 3) an act of Congress amending the Financial Act of 1900 to relieve the Treasury of paying in gold.
"The prohibitory law has not been perfectly enforced, of course. For a century and a half the traffic in liquor was a perfectly lawful business, just as much so as banking and farming. Millions of money were invested. . . . Drinking was a popular social custom. . . . [The Prohibition law has resulted in...