Word: planned
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Dates: during 1920-1929
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...Upon the President devolved, last week, perhaps the last world-great decision of his administration. He must choose two men of the U. S. to sit on the new Reparations Committee destined to revise the Dawes Plan (TIME. Jan. 14). These men will not sit for the U. S. since officially the administration is not concerned. Technically, the European Powers will revise the Dawes Plan of their own motion and volition. The two U. S. citizens will merely advise, and the U. S. public will merely buy some millions of dollars' worth of reparations bonds, if they are issued...
Chicago, often casually termed the "worst governed city in the world,'' approached, last week, another major cure experiment. Coming to a head was a plan for a businessman's administration. The plan, as announced by Silas Hardy Strawn, onetime (1927-28) president of the U. S. Bar Association, calls for cooperation with the regularly constituted municipal authorities, rather than the creation of a new city government. Thus, for instance, a famed engineer would sit at the right hand of the city's Director of Public Works. A famed banker would lend talent to the City Treasurer. The leader of this...
Loosely described as setting up a "super government," the plan actually remains indefinite concerning the authority to be invested in the business group and the extent to which their advice would necessarily be followed. Mr. Strawn himself described the scheme as "embryonic." John W. O'Leary, suggested as head of the new regime, said that "the whole thing" was in a "formative state." and James Simpson, Marshall Field president, scolded Mr. Strawn for making a "premature" announcement. Yet, loose and shapeless as the plan at present appears, the business government movement, perhaps immediately inspired by the desirability of "cleaning" Chicago...
...masterly three and a half hour address, M. Poincare reminded the Chamber that negotiations for revision of the Dawes Plan are about to begin among the Allies, the U. S. and Germany (TIME, Jan. 14). The representatives of France, he said, must have a free hand. They would cling tenaciously to the principle that Germany must pay enough to satisfy French reparations claims and cover the debt of France to Britain and the U. S. Within that rigid framework the Chamber ought to accord the Government every liberty in negotiation...
...Hertz's final act was to give 7,000 shares of Yellow Cab stock to 60 employes who had been with him since the start, and to sell them 7,000 additional shares on an easy deferred payment plan...