Word: rates
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Dates: during 1930-1939
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Winston Churchill. "German air power is at least double ours and is being expanded at least double our rate." However, Mr. Churchill, who held Britain's Navy portfolio in the 1914 Cabinet added: "Relative to any navy in Europe today or to likely combination of navies in Europe we are in a far stronger position at sea than we were...
...cost of living has now risen and is still rising in France at such a rate that wages must obviously be further raised- members of the Chamber took time out recently to raise their own pay-and the new charter adopts a variant of the system existing in Belgium, where most labor contracts provide for automatic revision of wages up or down in step with the price index...
...graduate, Richard Whitney has had a spectacular career in Broad Street, which makes his failure more important than the loss of the two or three millions by his firm. As vice-president in charge of the New York Exchange in October, 1929, when securities were plunging down at the rate of ten points a day, Mr. Whitney temporarily halted the crash. Representing the hastily-formed pool of Morgan and other bankers to save the market, he bid high on 25,000 shares of Steel and saved the day, thus creating the "Black Thursday" legend. Later, as President of the Exchange...
Shadow and Substance. Sir Cedric Hardwicke in a first-rate Irish religious play, full of wit and feeling (TIME...
...salaried employes. Some 50,000 people will be affected, saving G. M. nearly $10,000,000 a year. Biggest cut of all was taken by G. M. Chairman Alfred P. Sloan Jr. In 1936 G. M. paid him $561,000 ($150,000 salary, $411,000 bonus). At the present rate of earnings he has little likelihood of getting a $411,000 bonus this year, and by last week's pay cut a $150,000 salary would be reduced...