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...Britain believed that some Cabinet Member was responsible for last month's Budget leak. Three years ago when the British Government took over the defaulted bonds of Newfoundland, there was a similar leak which made fortunes on Newfoundland bonds for a favored few. Among the biggest plungers then was the brokerage house of Belisha & Co., whose senior partner is the uncle of Minister of Transport Leslie Hore-Belisha. A potent partner in Belisha & Co. is Leslie Thomas, son of dumpy James Henry Thomas, Britain's Secretary of State for the Colonies. One of the first facts discovered about...

Author: /time Magazine | Title: GREAT BRITAIN: Friend's Friend's Friend | 5/25/1936 | See Source »

Husky, brown-robed Father Yvon, 45, thinks of himself as curé of "the world's largest parish," extending across the Atlantic from Brittany to Greenland, thence south to the Grand Banks off Newfoundland. Besides the 4,000 Breton fishermen, his parishioners include 1,500 Portuguese and some Faroe Islanders. Resting last week at the Dinard monastery after a lecture tour in which his Paris appearance was the last of 60, the good curé delayed his departure only in order to fetch the fleet its first batch of mail. Later, with the St. Yves plying between the Banks...

Author: /time Magazine | Title: Religion: Grand Banks Capuchin | 3/30/1936 | See Source »

...career that Mr. Graustein anticipated. When he took command of International in 1924, he found that the company had chopped down most of the forests near its U. S. newsprint mills, that its machinery was largely obsolete. He proceeded to build and buy enormous new plants in Canada and Newfoundland, where the pulpwood supply was handy and adequate. And since papermaking requires more power per worker than any other industry, except possibly electro-chemicals, he built hydroelectric plants to turn his paper mills. While he was about it, he installed enough generating capacity to serve a sizable section of Ontario...

Author: /time Magazine | Title: Business & Finance: Graustein Out | 2/17/1936 | See Source »

...high of more than $100 per ton to about $55 per ton in 1929, then on down to a Depression low of $40. Even on its great modern paper machines at Gatineau and Three Rivers, Que.; Dalhousie, New Brunswick; and Corner Brook on the west coast of Newfoundland, International could not make enough money. But President Graustein discovered other profit sources. One was kraft paper, the common coarse bag and wrapping paper manufactured in the South. In the process of acquiring kraft companies, Mr. Graustein picked up a crack operating man named Richard J. Cullen, who headed the big International...

Author: /time Magazine | Title: Business & Finance: Graustein Out | 2/17/1936 | See Source »

...students, followed by China, 27; England, 21; Hawaii, 19; France, 11; Puerto Rico, 8; Germany, 8; Mexico, 7; Belgium, 4; and Turkey, 4. Other countries, Colombia, Estonia, Iran, Italy, Japan, Norway, Switzerland, Alaska, Brazil, Bulgaria, Canal Zone, Chile, Costa Rica, Cuba, Dominican Republic, Egypt, Holland, Hungary, India, Ireland, Lithuania, Newfoundland, Nicaragua, Philippine Islands, Santo Domingo, Scotland, Siam, Spain, Straits Settlements, Sweden, South Africa, Roumania, and Syria...

Author: NO WRITER ATTRIBUTED | Title: UNIVERSITY GAINS BY 137 STUDENTS IN 1935 ENROLLMENT | 1/31/1936 | See Source »

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