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...relations and Great Britain, chief U. S. rival in Argentina, was about to follow suit. U. S. businessmen in Buenos Ayres were cabling anxiously, begging the State Department to hurry and save them from economic disadvantage. Yet Statesman Stimson felt he must not act too promptly lest color be lent to the rumors that the U. S., ill-favored in the Argentine under the regime of ousted President Irigoyen, had encouraged and perhaps abetted his overthrow. Statesman Stimson combined suavity with speed last week by simply including the week-old Argentine government in an announcement recognizing the new governments...

Author: /time Magazine | Title: THE CABINET: Recognition Race | 9/29/1930 | See Source »

Unlikely as this might seem, two factors lent it credence. Last week Diamond Match prepared for a great capital reorganization. Causes of this were: 1) unfavorable taxation features in its present charter; 2) the lack of marketability in its highly priced, closely held stock. To stockholders the reorganization is one of the nicest gifts of an almost giftless year. For each share of common they will receive four new shares of common, five of participating preferred, a $25 cash bonus...

Author: /time Magazine | Title: Business: Diamond Deal? | 9/22/1930 | See Source »

...Because pious Virginians protested that Marines guarding the President's Rapidan camp did not go to church. President Hoover ordered a Navy chaplain out from Washington, Sunday services held in the Marine mess hall. The President attended, heard Marines sing hymns to the tune of a small organ lent by the Y. M. C. A. ¶. The Hoover secretariat has long been troubled because it has not been able to build its "Chief" up with the sort of human-interest publicity which proved so helpful to Calvin Coolidge. Chief obstacle has been President Hoover's refusal to allow...

Author: /time Magazine | Title: THE PRESIDENCY: Place for a Friend | 9/1/1930 | See Source »

...Board of Education, by a cash check for $150 which he had endorsed.¶ State Senator Harry W. Starr, onetime city prosecutor, onetime election commissioner, by two checks of $200 each. He said: "They were given me ... for legal services which I rendered." ¶ Onetime State Senator George Van Lent, by two vouchers. ¶ The late Sergeant Martin C. Mulvihill, "world's greatest policeman," famed hero of many a dangerous arrest, by a $500 note signed while he was on the police force...

Author: /time Magazine | Title: CRIME: Dead Man's Tale | 9/1/1930 | See Source »

...Lord and Dear White Knight." In return "Louis de Bourbon" issued notes "payable in the near future" when he should have regained his rightful place as France's ruler. Last month Mme Heitz went to a medium who revealed that her King was misappropriating the funds she had lent him. Forthwith she demanded a reckoning...

Author: /time Magazine | Title: Foreign News: Dear White Knight | 8/18/1930 | See Source »

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