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Word: pawnshop (lookup in dictionary) (lookup stats)
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...about. Because everything pawned in France is automatically insured at lowest rates, wealthy Parisians often pawn their plate and jewels when going to the seaside in summer, not because they need the money but because there is no cheaper way to make their possessions safe. In nearly all cases pawnshop profits go to charity. Thus the Paris Crédit Municipal is known respectfully as "Le Mont de Piéte" (The Mount of Piety) and with flippant affection as "ma tante" (my aunt). On the day President Roosevelt closed every U. S. bank more than 500 U. S. citizens...

Author: /time Magazine | Title: FRANCE: Pride in Pawn | 1/15/1934 | See Source »

Alexandre, as Opposition newspapers hastened to remind Premier Camille Chautemps, is certainly the most notorious person ever permitted to found a French pawnshop. Slightly confused by his many aliases and escapes, French police think he is the Chevalier d'Industrie (confidence man) who so recently as 1926 cashed a forged check for more than a million francs. They think he is the "Handsome Alexandre" who twice escaped from agents of the Sûreté Générale who were taking him by train to Paris. In the first instance the agents went to sleep, drugged...

Author: /time Magazine | Title: FRANCE: Pride in Pawn | 1/15/1934 | See Source »

...Stavisky swindle consisted in selling to French insurance companies bonds of the Bayonne Crédit Municipal to an amount fantastically greater than its assets. As in the Kreuger swindle, insurance company directors were duped by the aura of sanctity and good faith around French pawnshop bonds. Especially reassuring was a letter received by insurance companies in 1932 from the Minister of Labor, then M. Albert Dalimier. The letter stressed the fact that under French law insurance companies may hold part of their funds in pawnshop bonds, urged the desirability of doing so, mentioned Bayonne. As the scandal burst last...

Author: /time Magazine | Title: FRANCE: Pride in Pawn | 1/15/1934 | See Source »

...hate all Presidents. I kill them." He had pondered the possibility of killing President Hoover until he read, tore out and stuffed in his pocket a newspaper clipping that said President-elect Roosevelt would visit Miami in two days. With the .32-calibre revolver, which he got from the pawnshop without need of permit or self-identification, he was a fully equipped assassin...

Author: /time Magazine | Title: National Affairs: Escape | 2/27/1933 | See Source »

...municipal pawnshop of Paris sold for $62,500 two diamonds. "Regent" and "Princess Mathilde." Held for 20 years, they were once the property of the late Abdul Hamid II, deposed Sultan of Turkey, over whose estate 22 heirs are still wrangling...

Author: /time Magazine | Title: People, Feb. 20, 1933 | 2/20/1933 | See Source »

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