Word: money
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Dates: during 1930-1939
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...Money War. For years Chinese patriots denounced the "treaty ports" and the international settlement where foreign devils maintained their own "extraterritorial" courts and police power. But today were it not for these international areas the Chinese would not be able to carry on as well as they do against the Japanese. The political capital of Chiang's Government is now far-off Chungking but for Westerners its financial capital is in the foreign enclaves, particularly Hong Kong and Shanghai. The Japanese are bitterly aware of this. They have not yet dared seize the international settlement of Shang...
...Tientsin, the Japanese may be able to suppress one of the most troublesome of the black bourses where Japanese currency is bought and sold at a discount. This is not only an economic disadvantage but a loss of face. But even if the Japanese are able to clear the money-changers out of Tientsin, there remain Shanghai and the illegal black bourses in Tsingtao and other Chinese cities in which there are no foreign concessions or settlements. And if Shanghai were seized the legal black bourse could move to British-owned Hong Kong...
...smart little newspaperman named Julius David Stern, who was almost unknown outside of Camden, N. J., crossed the Delaware River to Philadelphia and with some of the money he had made from his Camden Post and Courier bought the doddering Philadelphia Record from John Wanamaker. At that time the third largest U. S. city had five listless, uncompetitive and politically hogtied papers. No good newspaperman considered Philadelphia worth a stop between Baltimore and Manhattan...
Toughest. Moe Annenberg hates Dave Stern with a cold, unrelenting fury. Dave Stern belongs to the uppercrust of Philadelphia Jewish society and Moe Annenberg made his money selling racing dope. Besides, Dave Stern stands between Annenberg and domination of the morning field. Although the Inquirer's, 370,000 circulation is a good deal larger than the Record's, the paper loses over $500,000 a year, has cost Publisher Annenberg an estimated $2,000,000 since he bought it from the estate of wine-bibbing, fun-loving James Elverson in 1936. Subexecutives have hung little red tags...
...Annenberg went fishing in the Pike County lake where Transit Magnate Thomas Eugene Mitten was drowned in 1929. Moses L. Annenberg had no intention of drowning, but he wanted to think over a scheme to start a Camden paper in the fall. It would cost a lot of money, but it might drown David Stern...