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...secret of Venezuela's prosperity. The secret of Dictator Gomez' success is that he did not attempt to interfere with the foreign development of Venezuelan oil fields, so long as his personal "cut" was promptly paid. And he had the patriotism to reinvest all his loot in his own country. Gomez oil royalties went to build Gomez hotels, cotton mills, rubber plantations, model farms. When they failed he sold them to the Government. When they succeeded he kept the change. For years the legend persisted that Dictator Gomez kept a yacht with steam up night & day in case...

Author: /time Magazine | Title: VENEZUELA: Death of a Dictator | 12/30/1935 | See Source »

Sentenced, Gustav Lindquist, onetime insurance commissioner of Minnesota, and Abraham Karatz, onetime St. Paul lawyer, later a barker at Chicago's Century of Progress; to one to five years in Joliet penitentiary, fines of $1,000 each; for conspiring to loot Abraham Lincoln Life Insurance Co. (TIME...

Author: /time Magazine | Title: Milestones, Dec. 30, 1935 | 12/30/1935 | See Source »

...loot of 1897, there were 2,400 pieces, sold at auction by the British Admiralty. The British Museum bought 289, all it could afford. German museums snapped up 1,085 pieces. The rest drifted to private hands. Most of the greatest pieces were portraits of kings in their high-necked coral headdresses. What kings it was impossible to say, for Benin had no written history until the coming of the English...

Author: /time Magazine | Title: Art: City of Blood | 12/16/1935 | See Source »

...next day he nearly ran over a policeman with a drawn revolver, was warned to keep his distance because there might be "some shooting." Popeyed, Novelist Hilton watched more policemen closing in, heard that bandits had just robbed swank Pickslay Co.'s jewelry store of $15,000 in loot...

Author: /time Magazine | Title: People, Nov. 18, 1935 | 11/18/1935 | See Source »

...were put under guard of coal-black Senegalese. Vice-Admiral Louis Berthelot of the Toulon naval station declared: "The arsenal workmen have sent me a delegation saying that they do not wish to be linked with last night's bloodshed which they ascribe to underworld agitators eager for loot." Meeting in a suburb three miles outside Toulon, the arsenal workers cheered their regular leaders, who urged them to return to work. Said Prefect Maunier grimly: "If the workers recommence their rioting, it will be their misfortune. We are ready for them now: In future Toulon will be so strongly...

Author: /time Magazine | Title: FRANCE: We Accuse . . . ! | 8/19/1935 | See Source »

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