Word: maxime
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...maxim used to be that a stock should sell, other things being equal, for about ten times earnings. The maxim now says "15 times earnings." This is known as Raskob's Rule, because one day in March 1928, John Jacob Raskob, then finance director of General Motors, walked up a gangplank on his way to Europe and remarked that 15-times was a proper modern ratio-that General Motors ought to have been selling at that time...
...story, "The Man Who Loved Islands," Arthur Symon's obituary estimate of Thomas Hardy; the first pages of Oswald Spengler's "Decline of the West": The last words of Anatole France; new verse by Amy Lowell, Carl Sandburg, e. e. ("lower case") cummings; contributions from George Saintsbury, Maxim Gorky, Thomas Mann, T. S. Eliot, Ford Madox Hueffer...
...Comrade Maxim Maximovitch Litvinov continued in Geneva last week his sport of making it appear that Soviet Russia and Germany are the only Great Powers which are ready and eager to join the U. S. in championing President Herbert Hoover's thesis that the nations must now strive to achieve not limitation but reduction of armaments (TIME...
...tainted and unmentionable plan was and is, of course, the one presented by Comrade Maxim Maximovitch Litvinov, Assistant Commissar for Foreign Affairs of the Soviet Union. When he first went to Geneva (TIME, Dec. 5, 1927) he said that Soviet Russia was ready to completely disarm within one year, if all other nations would do likewise. Since then, plump, indefatigable Comrade Litvinov, who looks like a squirrel with a nut in either cheek, has been slowly learning that whatever plan he may offer will be pigeonholed, at least for some time to come...
...critical, sarcastic, Boob-Baiter Henry Louis Mencken should abandon the American Mercury and edit a Happiness Monthly and Rotarian Booster, it would not arouse greater surprise than the announcement from Moscow last week that a new Soviet magazine. Our Achievements, has been started under the editorship of Maxim Gorky...