Word: news
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Dates: during 1930-1939
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...pointer on diplomacy as it is practiced in explosive Tokyo. Already rated one of the best career diplomats in the U. S. Foreign Service when Herbert Hoover sent him to Japan in 1932, Ambassador Grew by general consensus has done a bang up job of pleasantly conveying unpleasant news to the Nipponese...
...KING NEEDS A PRESS AGENT.-Editorial in the New York Daily News...
...National Catholic Welfare Conference, was released last April 22. It was of a policy-making kind which the Catholic press would ordinarily frontpage. Among the few papers which featured it: the Michigan Catholic, St. Paul Wanderer, Buffalo Catholic Union and Times, Pittsburgh Catholic Observer, New York Catholic News...
From a minor radioration in favor of peace which he made at Verdun last fortnight, the Duke of Windsor last week drew diverse U. S. responses. From the New York Daily News, which has sniped at him ever since his abdication, an editorial: "As for the ex-King, will the world care much longer what is said or done by that aging Romeo and his aging Juliet?" From Band Leader Ozzie Nelson (by cable) a white dove...
...forms two identical investment trusts, each with identical portfolios. After a market rise, Trust X realizes its profits by selling its securities, but Trust Y does not. Accountants therefore certify that X had a large profit, Y only that realized on dividends. X's stock rises on the news and Y's falls. The financiers then sell their X stock at a profit, reinvest it in the depressed Y stock. Then they order Y to realize its profits by selling its portfolio. When the accountants certify this profit, Y's stock rises, giving the unscrupulous financiers...