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Back in New York Senor Olaya, now behind the back of an innocent Press, took up the real purpose of his visit?a loan. He dropped into J. P. Morgan & Co. But Mr. Lament seemed chilly. He dropped into National City Co. to see Victor Schoepperle, who had visited Colombia. But Vice President Schoepperle did not think a loan could be arranged unless Colombia adopted a "businesslike" administration. Weary of shopping about Wall Street for cash, President-elect Olaya consented to these terms, and sailed for Colombia with the promise of $20,000.000 in short term bank credits from National...

Author: /time Magazine | Title: THE CABINET: Dollars & Diplomacy | 1/25/1932 | See Source »

Once safely installed in the President's Palace at Bogota, one of Senor Olaya's jobs was to take up what was known as the Barco oil concession, valued at $300,000,000 or more. This concession, con trolled by Gulf Oil Corp. which is largely owned by Secretary Mellon & Family, had been canceled by the Colombian Government in 1926. The State Department in 1928 gently pressed for its restoration...

Author: /time Magazine | Title: THE CABINET: Dollars & Diplomacy | 1/25/1932 | See Source »

...Bemis Professor of International Law, who is to impersonate Briand, of France. The other part of the drama will be presided over by F. B. Sayre, professor of law, who has the part of LeRoux, of Spain. Other parts are as follows: Viscount Cecil, of England, Sir Herbert Ames; Senor de Madariaga of Spain, G. G. Wilson, professor of International Law; Sir Eric Drummond, of England, Secretary General, J. J. Johnson '87, professor of Civil Engineering; Sze, of China, K. N. Marshall '21, instructor in government...

Author: NO WRITER ATTRIBUTED | Title: FACULTY MEMBERS DRAMATIZE LEAGUE COUNCIL HEARINGS | 1/14/1932 | See Source »

...night after Senor Machado announced that he did not choose to resign, normalcy returned. At precisely 1:30 a. m. a bomb exploded at the front door of a minor Machado henchman, Col. José Quero, Chief of the Tax Section of the Cuban Treasury. Nobody was hurt, as usual. The bomb merely blew in Col. Quero's front door, blew his library furniture into a pile of kindling wood, blew out most of the windows in his house. Just a reminder...

Author: /time Magazine | Title: CUBA: Rooster, Bomb, Sugar | 12/28/1931 | See Source »

...that Senor Alcala Zamora was elected, a bill was introduced in the Cortes declaring International Telephone & Telegraph Co.'s Spanish telephone monopoly illegal, providing for confiscation "and a just indemnification" within six months. Over $30,000,000 of U. S. money is invested in Spanish telephones...

Author: /time Magazine | Title: SPAIN: First President | 12/21/1931 | See Source »

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