Word: mutuals
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Dates: during 1930-1939
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...Presidential Labor Day statement. By coincidence it sounded so much like a pointed reply to C. I. O.'s major-domo that some papers described it as such. Wrote the President: "The age-old contest between Capital and Labor has been complicated in recent months through mutual distrust and bitter recrimination. Both sides have made mistakes. . . ." On one major point, the President and John Lewis agreed: "The conference table must eventually take the place of the strike...
...48th annual convention of the National Association of Life Underwriters in Denver last week delegates generally agreed that this rhetorical question by Vice President Alexander E. Patterson of The Penn Mutual Life Insurance Co. struck at the heart of insurance's chief current problem. Major tenet of modern life underwriting is counsel and service to the insured-no high-pressure methods such as some salesmen use to sell anybody anything for a commission. Appreciating that self-criticism in business is as healthy as it is unusual, the 1,500 delegates in Denver's Broadway Theatre voiced approval...
...essays, called "Bull In The Afternoon" which concluded: "But some circumstance seems to have laid upon Hemingway a continual sense of the obligation to put forth evidence of red-blooded masculinity ... a literary style, you might say, of wearing false hair on the chest." Author Hemingway called for a mutual baring of bosoms. What next occurred is the subject of variorum accounts. Author Eastman's version: "I knew he could knock me out quickly in a boxing match, so I grappled with him and threw him on his back across Max Perkins' desk and then over the desk...
...drunk. In both Walker v. Adamson and McCann v. Hoffman et al, the injured passengers had shared or were expected to share in the expenses of the trip. But, said California's Supreme Court, where the parties are ''engaged on a business venture for their mutual advantage," then sharing expenses makes a guest a paying passenger; whereas, when the main purpose of the auto trip is the joint pleasure of the participants, passengers are merely guests even if they share the expenses. This is "nothing more than the exchange of social amenities," is not "payment...
...ordinance, promised to veto it if it were ever submitted to him again. This apparently unqualified defeat was not so complete as it appeared. The Council had arranged a compromise whereby the insurance companies will accept a 2% tax on all premiums paid by policyholders living in Philadelphia. Penn Mutual will thereby pay about $100,000 annually. To the mayor this week was to go the honor of announcing this agreement...