Word: major
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Dates: during 1920-1929
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...padlocks. Thirteen of the 60 articles in the Statute were drawn wholly or in part to protect the U. S. Federal Reserve, which, under Article Twenty, has power to veto any dollar transactions contemplated in any country by the Bank. Getting this clause adopted was the major triumph at Baden-Baden of the two U. S. representatives, short, stocky Jackson Eli Reynolds and lanky, drawling Melvin Alva ("Mel") Traylor, presidents of the First National Banks of New York and Chicago, respectively...
...Messrs. X, acting in place of the Bank of Japan, and Messrs. Y of New York." Of course "the Messrs. Y" will be J. P. Morgan & Co. Thus without putting up a cent the Federal Reserve?traditionally in closest touch with the House of Morgan ?will have a major "phantom stake" in the Bank. The same arrangement appealed to cautious, bespectacled Emperor Hirohito of Japan, who, by advice of Prime Minister Yuko Hamaguchi, prefers like President Hoover to keep-the-government-out-of-business. Japan's "Messrs. X" will be a consortium of 14 banks, led by the Bank...
...After seeing that hardy perennial Rose Marie (for the fourth time) and The First Mrs. Eraser by limping St. John Ervine (TIME, Nov. 18), the royal attention bent to two more plays, of ascending gravity. First The Middle Watch, a decorous farce of life in the British Navy by Major John Hay Beith; second, gripping Journey's End, by R. C. Sherriff, enthusiastically recommended by the Prince of Wales.* Author Sherriff was summoned to the Royal...
...Harvard singers will give "Drake's Drum" by Coleridge-Taylor, "Marching", by Brahms, and choruses from Gilbert and Sullivan's "Ruddigore". The Harvard Mandolin Club will play selections from "Pinafore", another Gilbert and Sullivan operetta, and the Brahms Waltz in A Major. The Banjo Club will offer two Russian folk songs, "Fireflies", and "At Father's Door", and Harvard football songs...
...Benet in his 'John Brown's Body' set for himself a major task, accomplished it, and found recognition. His technical skill, his enthusiasm for his material, and his narrative power, are combined in a poem which has had phenomenal and merited success. Mr. Robinson's 'Tristran' and Mr. Benet's 'John Brown's Body' have brought to good poetry unprecedented popular acclaim in this country--a fact which should be significant in our literary history...