Word: merchantable
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Dates: during 1950-1959
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Service, during four House terms and two in the Senate, has been Maggie's byword. He has never lost a campaign (and is today the 14th-ranking member of the Senate). Representing a state whose 1,134 miles of shoreline and harbors make him sensitive to the merchant marine, he sponsored the bill providing that 50% of postwar EGA foreign aid be carried abroad in U.S. ships. He has worked ably to improve air service to the Northwest, business opportunities for Washington pulp mills, the catch for the salmon fishermen. Warren Magnuson's name is on no momentous...
...that "this republic will not consider herself obliged to respect any of the decisions or recommendations adopted by the conference.'' Panama should have been invited, said the communiqué, because 1) the Panama Canal "is in some respects similar to the Suez Canal," and 2) a large merchant fleet flies the Panamanian flag.* On a visit to Cairo last week, Panama's Ambassador to Italy, doubling as Minister to Egypt, declared that Gamal Abdel Nasser had the right to nationalize the Suez Canal Company, and that Panama would never accept international control of its canal-comments that...
Last week the U.S. and Canada moved to straighten out the legal kink. U.S. Ambassador Livingston Merchant and Finance Minister Walter Harris signed a treaty in Ottawa lowering the 95% requirement on foreign ownership to 51%. When the treaty is ratified by Parliament and Congress, probably at their next sessions, U.S. firms in Canada will be permitted to sell up to 49% of their stock in the country where they do business and still qualify for the low 5% dividend tax rate. Canadians will then be able-and probably will be urged-to make a tenfold increase in their investment...
Four years after he went to London, Copley painted his great Brook Watson and the Shark (see color). The painting was commissioned by Merchant Watson himself, to commemorate a leg lost in a ship's accident in Havana Harbor. Copley used newly acquired techniques in putting the picture together: instead of painting directly from models, he began with sketches of the single figures and then combined their movements as as a choreographer...
...social problems," a concern on which his reputation largely rests. Specifically, it is a satire on love, courtship and marriage. It supports the thesis that a happy marriage demands the absence of love and that a lasting love exists only extramaritally; and it presents, through the mouth of the merchant Guldstad, a strong argument for mariages de convenance...