Word: merchantable
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Dates: during 1930-1939
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Died. Alfred Pearce Dennis, 62, ranking Democratic member of the U.S. Tariff Commission; by jumping off a cliff into the sea; at Bailey Island, Maine. Professor, night watchman, brakeman, merchant, writer, he was a colleague of Woodrow Wilson in the faculty of Princeton University, later went to Smith College where he became the friend of a young lawyer, Calvin Coolidge. He was an investigator in Europe for the Department of Commerce under Secretary Hoover, was appointed by President Coolidge to the Tariff Commission, which he once described to the Senate as a "debating society...
...Budapest, Johann Schmidt, wealthy merchant, returned from a trip to Vienna, found a young man in his luxurious bed, clad in Herr Schmidt's luxurious pajamas, reading one of Herr Schmidt's books of philosophy. Herr Schmidt summoned police, who charged young Ferdinand Kovany with many housebreakings. Housebreaker Kovany's story: He had lost his good job. had to give up his fine apartment, now lived by casual work. Without rest he could not work. In a hard bed he could not res:. So each night he broke into a big house, slept in a soft...
James H. O'Connell, 25, customers' man at Burley & Co., most certainly had heard all or most of these stories. When Louis Schnell, produce merchant, told him that he had $45,000 in the bank, also owned 600 shares of its stock, Customers' Man O'Connell is alleged to have told Customer Schnell that ugly things were being said of the bank, that he should sell his shares. No alarmist, Mr. Schnell hurried to the bank, told them what he had heard, produced Brother Moses Schnell as a witness. Thereupon the bank took a bold step...
...general the book is factually correct, no matter what the deductions. In one detail, however, the author's cocky memory tricked him. He refers to "a legend that a Mr. Astor, a cattle merchant, fed his stock great quantities of water just before he drove them to market. . . . His 'watered stock' made him rich." The trickster was the late unctuous, sniveling Daniel Drew, the cattle-watering one of the simplest and earliest of his many business rogueries...
...discrepancy between the coffee value and the wheat value Brazil made up by agreeing to pay Bush Terminal 225,000 bags of coffee (value at current prices: $2,524,000) for its services as commission merchant and storage...