Word: may
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Dates: during 1920-1929
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...rejected the U. S. proposal that Canada, by act of Parliament, prohibit clearance papers for U. S. liquor cargoes, explaining that such a prohibition would "drive the traffic underground, saddle us with heavy expenses and do our neighbors no good." Continued the Dominion official: "Liquor in Canada, whether we may like it or not. is legal merchandise. Once liquor has paid the excise, it is as free as other legal commodities ... for exportation." "...Our citizens would be corrupted [if export liquor were outlawed] the traffic would be diffused. . . . The Canadian law would be violated and the duty would be laid...
...Federal Trade Commission became interested in the newspaper-buying activities of International Paper & Power Co. last spring, the fact was disclosed that two young men named William Lavarre and Harold Hall had been commissioned by I. P. & P. to buy a chain of newspapers in the South (TIME, May 20). They bought four: Augusta (Ga.) Chronicle, Columbia (S. C.) Record, Spartanburg (S. C.) Herald and Journal. Purchase money amounting to $870,000, the buyers told the Commission, was loaned to them...
Business must sometimes subordinate itself to Politics. Seven weeks ago John Pierpont Morgan and other international big tycoons finished drafting at Paris the so-called Young Plan, embodying their potent recommendations as to how German Reparations may best be paid through an International Bank of Settle-ment (TIME, March 25, et seq.). Politicians representing Germany and the Creditor Powers must now accept or reject the tycoons' advice. Last week, after a month of spirited bickering among European chancellories, it was decided to hold a "Political Reparations Conference" in mid-August at The Hague. The immaculate, aristocratic capital of Queen...
...hard it may prove for the politicians to come to an agreement strikingly appeared last week at London, where the Young Plan was mercilessly flayed by David Lloyd George, balance-of-power man in British politics...
...Practical politics" demands that before the British Labor Government recognizes Soviet Russia, Moscow must give an air-tight pledge that any diplomats she may send into Britain will eschew Red propaganda. The British Liberals also insist on some sort of engagement that Soviet Russia will repay British holders of Imperial Russian bonds at least in part. Last week as Mr. Henderson sat down to chat with Comrade Dovgalevsky even professed optimists doubted whether Moscow would yield now on two points which she has so long refused to concede. Still it was a great, significant event that, with small Norway...