Word: merchantable
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Dates: during 1930-1939
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...released his long-awaited report on the U. S. merchant marine in Washington last week, Joseph Patrick Kennedy declared "This is the toughest job I ever handled in my life, without any reservations whatever." Mr. Kennedy has had tough jobs before, including organization of the Securities Exchange Commission, but even a quick glance at the official summary, briefed down to 17 pages, was enough to convince reporters that Mr. Kennedy spoke with feeling and sincerity. The report itself was a monumental document of 40,000 words. No desiccated aggregation of charts and tabulation, it was a bluntly dispassionate analysis...
Does the U. S. really need a merchant marine? Of all the arguments ever advanced for a subsidized fleet, the Commission found only two that were sound-the importance of shipping to foreign trade and to National defense. Today the U. S. is the world's greatest exporting nation, about 10% of the country's movable production going overseas. In imports it ranks second only to the United Kingdom. Without its own ships the U. S. might be left stranded, as it was during the War, when foreign bottoms virtually disappeared from trade routes outside the War Zone...
...honor of his seventieth birthday, 89 friends of Louis E. Kirstein, Boston merchant and holder of an honorary Harvard degree, have given $28,550 to the University to promote scientific medical education, it was announced Tuesday...
...economic philosophy was dangerously radical. The grounds for the belief lay in no political activities, but in the record of 37 years of practice which had made Louis Brandeis a national figure as Boston's "People's Lawyer." The somewhat prodigious son of a prosperous Louisville grain merchant who had emigrated from Prague in 1848, Louis Brandeis went to Harvard Law School in 1875, in time to hear, at the house of a professor, a paper on education, read in a quavering old man's voice, by Ralph Waldo Emerson. After his graduation, the firm he started...
What it takes to be fashionable is what Cecil Walter Hardy Beaton, 33-year-old son of a London coal & lumber merchant, possesses in a degree so extreme as to make plain people squirm. To the fastidious world of Mayfair, however, Photographer Beaton's delicate infusions of the cockeyed into the swank have long seemed divine. After a gala summer, including a trip to Cande to make exclusive portraits for Vogue of his friend the Duchess of Windsor and a visit to his friend Mrs. Harrison ("Best Dressed") Williams at her villa on Capri, slim Cecil Beaton...