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Dates: during 1930-1939
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...vote $50,000,000 into the pockets of the Emperor that 23 said "no" in tones barely audible, 25 maintained shamefaced silence, nine were not present, and only the Emperor's doughty General Ras Nassibu shouted out the solitary "YES!" for Justice and $50,000,000. At this result His Majesty was afterward said by his entourage to be "disgusted, disheartened and disillusioned...
Sanctions Lifted, By the time the League Assembly finally got down to cases after a fatiguing midnight session many correspondents were so muddled by the confused events of the week that their dispatches were far from newsworthy, obscuring in many cases the actual result of the final vote: SANCTIONS WERE LIFTED FROM ITALY BY THE LEAGUE OF NATIONS AND ETHIOPIA IS FINISHED...
...week's revolt: the crackup of the Arab social hierarchy in Palestine. Jewish development of Palestine has weakened the downtrodden Arab farm workers to the feudal tyranny of their Arab masters, has raised wage and living standards in Palestine, introduced the eight-hour day, encouraged Arab trade-unions. Result: economic liberation of Arab farmers. At bottom the anti-Jewish rage of the Arab landowners, backed by their Bedouin cavalry hordes, was caused by this unexpected social upheaval. But the leaders are willing to compromise. Not so the sincere fanatic desert Arabs who follow them and are always ready...
Without the Bonus, the subcellar fundamentals of Supply & Demand are still in favor of better business. As a result of Government spending purchasing power has exceeded general demand for nearly three long years. Inventories have declined steadily. In the opinion of Economics Statistics Inc., continuation of Government spending "will soon, if it has not already done so, reduce inventories to such a low point that it will be necessary for production to be increased not only in line with current demand but at an even faster rate in order that inventories may be replenished." Continued this specialist in supply & demand...
...litigation at all. Case was the suit brought by the U. S. Comptroller of the Currency to compel the members of the New York Clearing House to make good the losses of a fallen member, Harriman National Bank & Trust Co., which went under in 1933 as a result of the finagling of Joseph Wright Harriman (TIME, May 4). According to the Comptroller, the Clearing House banks had agreed the previous year to keep Harriman National afloat. Eleven Clearing House members, including such institutions as Chase National, National City and Irving Trust, settled out of court for some...