Word: newborn
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Dates: during 1920-1929
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Last week a select portion of the U. S. public was permitted to buy stock in Shenandoah Corp., a newborn investment trust which came into being with a silver spoon of $102,000,000 resources in its mouth. Eager, the public snapped up one million shares of common, one million shares of preferred, paying up to 42 for common offered at 17½ and up to 60 for preferred offered at 50. By midafternoon of the first day's sale there was no Shenandoah stock available...
Countered the Association Journal last week: "Smoking ... by women has no apparent influence over the functions of the genital system. . . . There is no mention [in expert research on the subject ] of tobacco heart in newborn children. . . . The morality of smoking by women is not a medical concern any more than the question as to whether or not they should go bareheaded into church...
...Atherton, Chargé d'Affaires of the U. S. Embassy in London, helped signalize the beginning of the Dawesian regime by saying he would name his newborn daughter Helen Maria, after the most widely publicized expletive...
...meant partly as a crack across the knuckles for U. S. Comptroller General John Raymond McCarl, who, as chief of the General Accounting Office, stands at the outgoing end of the U. S. budget system. Never a harmonious team, the Messrs. Dawes and McCarl took hold of the newborn budget and accounting system simultaneously in 1921.?Said General Dawes: "The Comptroller General . . . has thus far failed in carrying out the accounting purpose of our present law. We have in the U. S., therefore, only the old-fashioned and entirely inadequate cash accounting system...
Last week, in Paris, Morgan-Partner Thomas W. Lamont agreed with Chairman Owen D. Young of the Radio Corp. of America that it would be pleasant for all concerned if the International Telephone & Telegraph Corp. should take over Radio's newborn (TIME, April 1) subsidiary, R.C.A. Communications, Inc. So formal and so important was this friendly agreement that it at once was called an ACCORD. A price was mentioned, around $100,000,000. Vice President David Sarnoff of Radio and Nelson Dean Jay of Morgan's Paris house talked details. U. S. directors of both companies hastily met and approved...