Word: muste
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Dates: during 1920-1929
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...promised the Prime Minister a warm welcome in October, then seconded the British gesture by announcing that the U. S. would postpone construction of three cruisers (see p. 12). Throughout Britain these quick-stepping developments met with such widespread enthusiasm that even the Conservative Daily Telegraph observed: "All parties must hope that Mr. MacDonald's optimism is justified and wish him well in his further negotiations." Key points in the MacDonald speech: Parity: The Prime Minister said that he and General Dawes "have agreed upon the principle of parity"-that is to say when the U. S. and British...
...Business must sometimes subordinate itself to Politics. Seven weeks ago John Pierpont Morgan and other international big tycoons finished drafting at Paris the so-called Young Plan, embodying their potent recommendations as to how German Reparations may best be paid through an International Bank of Settle-ment (TIME, March 25, et seq.). Politicians representing Germany and the Creditor Powers must now accept or reject the tycoons' advice. Last week, after a month of spirited bickering among European chancellories, it was decided to hold a "Political Reparations Conference" in mid-August at The Hague. The immaculate, aristocratic capital of Queen...
...Young Report is such an incredible report," said Mr. Lloyd George addressing Parliament, "that I felt I must have missed something when I first read it. I read it a second and a third time, and was confirmed in my feeling of amazement that it should ever have been presented to the British Treasury as a fair settlement of British claims...
...have been treated .... I agree with Mr. Lloyd George's statements. . . ." Although tacitly admitting that circumstances would probably oblige the empire to stomach the Young Plan, Chancellor Snowden militantly added that at The Hague he would make one paramount demand: The new International Bank of Settlement must be located in London...
...they must keep the support of 45 Liberals to retain a majority in the House of Commons. Should the Conservatives be able to daub Prime Minister Ramsay MacDonald again with the red brush, his Liberal support would melt away, and his present (second) Cabinet would fall as disastrously as did his first (TIME, Nov. TO, 1924). when Conservatives cried "Red!" and waved the notorious Zinoviev letter...