Word: ruinous
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Dates: during 1920-1929
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They whispered that the King's recent European trip (TIME, Jan. 23-June 4) had been a ruinous, reckless extravagance, and that the Treasury's coffers are nigh to emptiness...
...Belgium's currency, former Finance Minister Emile Francqui) lie the Katanga Mountains, rich in copper, and over them runs a 660 mile long railway which King & Queen proceeded to inaugurate. Local copper executives dolefully informed His Majesty that their Blackamoor miners have tribally combined to enforce a ruinous wage of 12? per day - the standard pay for such labor elsewhere in the Congo being...
Haiti is a quiet island again now, a place in which infinitely indolent, ill-natured Negroes move slowly about their business. It would be incredible that wars had ever been waged under that muffling sky, as heavy as a curtain, that a splendid emperor had ruled the ruinous country- were it not for the fortress which still stands up on the hilltop, a black fist against the sky, the citadel of Christophe, the monument of a man born no one knows where, mysteriously named, a slave and a king, whose enemies defeated him. There is a rumor that Christophe with...
...certain French commodities must pay the maximum U. S. duty, the French contend that certain U. S. goods must pay the maximum French duties. Seemingly there is no way out of the impasse, although it was admitted in responsible quarters that every nerve will be strained to prevent a ruinous tariff...
...Business Hit. The Chinese regime at Nanking which dominates the chief part of China, Shanghai, suddenly increased all tariffs and port dues last week to an extent which local U. S. merchants and shippers declared would prove "ruinous." Members of the U. S. colony at Shanghai transmitted through the local consul a protest and appeal to President Coolidge. Observers thought that the Nanking War Lord, Chiang Kaishek, was suffering reverses in his campaign to take Peking (TIME, March 28, et seq.) and had adopted the desperate expedient of raising all port taxes to increase his failing revenue...