Word: merchant
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Congratulations to TIME, May 28, and Scripps-Howard Correspondent Jim Lucas for the news focus on the Panamanian ship-registry infamy [U.S. and foreign merchant ships trading with the enemy]. Southern California's Reserve "Privateer Squadron" VP-772 is the patrol squadron mentioned in the story...
...Through marriage to a millionaire tea merchant's daughter...
...nosed commander's loyalty to King Paul has tangled with his belief in military discipline. Trouble started over a crony of the King's, one Aristides Metaxas,* a suave, impeccably dressed political aide. A military court had passed a death sentence on a Communist collaborator, a wealthy merchant who donated money to the Reds. The collaborator's relatives asked Metaxas to intervene. Soon thereafter the King commuted the death penalty to five years. Outraged, Papagos let the King know that the palace ought not to undermine his court-martial, asked for Metaxas' dismissal. The King...
...barely managed to stay alive. But soon celebrities from overseas began to come to its rescue. Sir Richard Steele sent complete files of the Tatler and Spectator, and Sir Isaac Newton sent a copy of his Principia. Finally, a plump, periwigged gentleman named Elihu Yale, a retired East India merchant and a former governor in Madras, sent the most substantial gift of all: ?562 worth of goods...
Panamanian registry of merchant ships is a handy thing for shippers and seamen who want to make big money breaking embargoes-or trading with the enemy. In 1925, Panama passed a law permitting foreign shipowners to switch their ships to Panamanian nationality by registering at any Panama consulate for a small tonnage fee. When the 1939 U.S. Neutrality Act forbade U.S. ships to enter war zones, some U.S. lines made use of these handy facilities. After the war, more switched to Panama because they could save money by employing non-union labor under Panamanian registry. How many U.S. ships flying...