Word: merchantable
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Dates: during 1920-1929
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...Passed a bill by Senator Willis exempting from taxes income derived from the sale of merchant ships, when such income is used to build new tonnage; sent it to the House; received it back, rejected, with a "respectful" note that it contravened the House's exclusive power to originate revenue laws...
Besides "waging peace," the Navy would wage neutrality. Despite their martial preoccupations, Navy men are students of U. S. trade. They know that if other nations war, the Navy may be called on to protect the neutral rights of U. S. merchantmen. About merchant shipping they point...
...sailed with the Royal blessing. Centuries of service rendered the Nation in war and peace by commercial ships and fishing fleets were signalized by bringing these vast and wandering squadrons, like other able Empire services, under the honorary wing of the Royal family. The title of Master of the Merchant Navy and Fishing Fleet was presented to the Prince of Wales...
...years ago the criminal, Baron Ludwig Havatny, onetime Hungarian Minister of Finance, retired sugar merchant, launched into journalism at Vienna and wrote a series of articles attacking Count Stephen Bethlen, then as now the reactionary Prime Minister of Hungary, but at that time grappling desperately to establish his government. Count Bethlen's was a "White Terror" as opposed to the previous "Red Terror" of Hungarian Communists under the notorious Bela...
...conquest of half of China (TIME, Dec. 13, 1926). The partial collapse of that avowedly revolutionary movement and its diversion into a moderate and narrower channel resulted, last week, in the whistling of a new tune by Marshal Chiang. Obviously he was bidding for support by the rich merchant class when he said...