Word: shipment
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...settlement day," when the pepper plungers would have to lay nearly $10,000,000 cash on the line for their contracts, came news that a fresh pepper shipment of 13,000,000 Ib. was London-bound aboard a steamer ploughing up the Red Sea. And when Garabed Bishirgian returned from his week end with his 600 pigs in Surrey, he found that pepper trading had been suspended...
...they, too, must pay up or go to the wall this week when settlement on 7,000 tons of pepper falls due. These 7,000 tons they had bought on paper in anticipation of a price rise. Instead of higher prices, they were given the sickening news that a shipment of 6,500 tons of pepper was on its way to choke the London market, bringing stocks on hand up to 20.000 tons against 1,950 last year...
When Mr. Chief Justice Hughes delivered an hour-long decision declaring unconstitutional that section of the National Industrial Recovery Act under which President Roosevelt had forbidden the interstate shipment of hot oil (TIME, Jan. 14), he had for an audience his eight associates, a handful of lawyers, a few newshawks and a chamber half filled with newlyweds, schoolboys and sightseers. Most of Congress was in the Senate chamber listening to Louisiana's Long start his anti-New Deal campaign. Last week on second thought Senators and Representatives realized they might have spent their time more profitably in listening...
...Roosevelt. The case was a significant test of the New Deal's extraordinary powers procured from Congress in the name of Emergency and Recovery. A group of Texas oil companies were contesting against Presidential orders, issued under section 9c of the National Industrial Recovery Act prohibiting the interstate shipment of "hot oil." With only Justice Cardozo dissenting, Chief Justice Hughes read the court's opinion...
...Font's Major K. K. V. Casey admitted that in 1925 40 tons of TNT shipped by du Pont to China left the U. S. in double containers, the outer marked "Explosives" according to U. S. Law. At sea, however, the outer containers were removed and the shipment eventually reached a war lord in Manchuria. "We had one put over on us," said Mr. Casey...