Word: pronunciamentoes
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Immediate reason for Harry Sinclair's pronunciamento was a small loss on Consolidated's operations in the first quarter (figures not made public). Since last year when the Government convicted a batch of the major oil companies under the Sherman Act, fear of further anti-trust suits has kept oilmen from attempting to do anything about relieving the market of distress gasoline stocks, which have reached an unwieldy total. Refiners now get an average of .7 cents a gallon less than they did last year. Crude production, however, has been kept within reasonable bounds by State proration laws...
...opened a hall of "degenerate" art in Munich which proved a great success (TIME, Aug. 2, 1937). At Nürnberg last month, Realmleader Hitler, having awarded Nazi Culture Prizes No. 1 and No. 2 to Warplane Designers Heinkel and Messerschmitt, surpassed himself as an esthetician with a new pronunciamento on German art. Now, said he. "the true ancestor of German art is Greek art of the golden age; the Greeks were a Northern people run aground on a Southern land...
...Soon thereafter the nation was told by a judicial Pronunciamento that although the Federal Government had thus been rendered powerless to touch the problem of hours and wages, the States were equally helpless; and that it pleased the 'personal economic predilections' of a majority of the Court that we live in a nation where there is no legal power anywhere to deal with its most difficult practical problems-a no man's land of final futility...
Adopted by the National Collegiate Athletic Association, in accepting the report of its committee to investigate influences inimical to intercollegiate sport, this pronunciamento was the biggest news contributed last week by the annual meetings of the N. C. A. A., the College Physical Education Association and the American Football Coaches Association, held simultaneously in Manhattan. Meanwhile, an aggregate crowd of 219,000 watched 14 teams tardily conclude the football season of 1936 on the first day of 1937 in seven post-season games, from San Francisco to Havana...
...oppose Roosevelt. Ablest work at the meeting was done by Bainbridge Colby, who wrote its resolution declaring that Franklin Roosevelt had turned his back on his 1932 platform, that his administration had tried in every way to strike down "the beneficent structures of Democratic Government." Said the Colby pronunciamento...