Word: steps
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Dates: during 1920-1929
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Refreshed by three days of comparative quiet, chunky, white-chinned Raymond Poincare, Prime Minister of France, stepped quickly to the rostrum, of the Chamber of Deputies last week. It was his final chance to convince the truculent Chamber that they must ratify the Mellon- Berenger debt agreement, a matter upon which not only France's commercial credit but the future of the Poincare government depended. M. Poincare's step was confident. Since the Chamber adjourned the week before a new weapon, a new persuader, had come into his hands. Philip Snowden, British Chancellor of the Exchequer, had announced that...
Unemployment. As a first step in his plan to solve the unemployment problem, Lord Privy Seal "Jim" Thomas introduced a resolution authorizing the Treasury to advance $5,000,000 a year to help develop the Colonies and Mandated Territories. Carefully he explained that by developing the Colonies (not the self-governing Dominions) they would directly aid British unemployment by increasing the demand for British exports in those colonies...
...reduce or eliminate the 25% ad valorem tariff on motor cars. Theory: this U. S. industry, with its huge exports, no longer needs protection. Motormen Henry Ford, Alfred Pritchard Sloan Jr., Alvan Macauley (Packard, National Automotive Chamber of Commerce) and Walter C. White, were among those invited to step forward and give their views on this change. When they failed to make prompt response, there was committee talk of subpoenaing them...
Common knowledge is Egypt's long-standing wish to have her status as an independent kingdom confirmed by membership in the League. Equally aware, however, is the League of Great Britain's strong opposition to this step, for Egypt, which Britain relinquished as a Protectorate in 1922 but which she still maintains the right to control because of the Suez Canal, is the chief route to India, vital artery of British trade...
...First step in Radio Corp.'s change from communications to entertainment came with the development of music and voice broadcasting. Endowed with many a vital patent (it has licensed 25 set-makers to manufacture under its patents), Radio Corp. grew with radio, found that Station-to-Home transmission was far more profitable a business than Shore-to-Shore or Ship-to-Shore transmission. In 1921 Radio Corp.'s entertainment business totaled some $1,500,000, or about 36% of the company's total business. In 1922, entertainment totaled same $11,250,000, or about 80% of total...