Word: merchanted
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Dates: during 1930-1939
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President Hoover repeated this formula once again last week to set in motion his 13th Presidential commission. Its subject: the merchant marine. The occasion: a deep-rooted controversy within the U. S. Shipping Board over the sale of the Government-owned Black Diamond and Cosmopolitan trans-Atlantic freight-lines. For more than a year disposal of these services has been delayed while the two operating companies and the U. S. lines wrangled with the Shipping Board over purchase bids. The President said commission No. 13 would also supervise the financing and building by U. S. lines of two new Leviathan...
Edward A. Filene, Boston merchant, denounced the measure. Shipping men lamented the prospect of reduced foreign trade in their bottoms, spoke of upping ocean freight rates to offset their loss. Theodore Gary of Kansas City, whom Senator Moses appointed as Republican Senatorial campaign cash collector, declared the bill was "highly detrimental" and that U. S. industries would lose more than they would gain from...
...acquire stocks in leading utilities of the British Isles and the British Empire. Control of this company was shared by the Volpi-formed Compagnie Italo Belge pour Enterprises d'Electricité et d'Utilité Publique, commonly known as Cibe, and by Dawnay, Day & Co., Ltd., London merchant bankers. Count Volpi is chairman; Lord Barnby of Lloyds and the Earl of Westmoreland are among the great British names on the directorate...
...Last week President Hoover selected William Cameron Forbes, 60, Boston merchant, polo enthusiast, bachelor grandson of Ralph Waldo Emerson, to be Ambassador to Japan. Before the appointment was officially announced Tokyo was asked if Mr. Forbes was persona grata. Two months ago Mr. Forbes led a Hoover investigation commission back from Haiti with recommendations which the President accepted as the basis for a new U. S. policy toward that black republic (TIME, April 7). Familiar enough is Mr. Forbes with the Pacific and its problems. President Roosevelt first sent him to the Philippines in 1904 as a member...
Robert College was founded in 1863 by C. R. Robert, a New York merchant, who was assisted in the work by a group of Yale men. The school is located on the site of an old Turkish fort on the Bosporus about six miles from Constantinople. The student body includes young men of about 21 nationalities, chiefly Turkish, Greek, and Bulgarian. Slightly more than half of the students are moslems, with the sons of Turkish government officials forming the most prominent class...