Word: melchett
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Dates: during 1920-1929
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...Trade and produced an international sensation. One of its major conclusions, that French prosperity is due in large part to the French protective tariff, was promptly taken up in London by the many onetime English free traders who have now turned protectionist. The most potent of these is Baron Melchett, foremost British Chemical and Industrial Tycoon (TIME, Oct. 29). Speaking in London last week Lord Melchett alluded to the Cahill Report and belligerently said...
...Earl of Birkenhead, Great Britain's retired Secretary of State for India, last week, was appointed a director of Imperial Chemical Industries, Ltd., of which Britain's Chemical Tycoon Baron Melchett is head. Director Lord Birkenhead will receive an annual salary of $10,000 plus one-half of one per cent of the profits. Last year this percentage would have represented more than $100,000, since I. C. I.'s profits were...
...Shrewd Englishmen of "The City"-London's "Wall Street"-weighed carefully what was said by Britain's chemical tycoon, Lord Melchett, upon his return last week from hobnobbing in U. S. tycoon-dom (TIME, Oct. 29). "American prosperity is based upon two factors. One is the large amount of money earned during the War at the expense of Europe, the effect of which was to enable America to remodel her old plants and build new factories. The other is the great productivity of the American workman, based partly on the greater use of mechanical power and partly...
Speaking internationally, Lord Melchett predicted that the Globe would eventually be organized into three vast economic units, "probably the United States, the United Economic States of Europe and the British Empire." Observers wondered whether Prophet Melchett had overlooked Latin America and Asia, or whether he dares to imagine that they will merge into one of his "three units...
...Thus the Melchett month ended. Having possibly merged, having certainly titillated, Tycoon Melchett prepared to stride unmirthfully up the gangplank, take off his hat and put it on again, glance at the dark Palisades, and sail"for England...