Word: trusts
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Dates: during 1920-1929
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...when her husband was bidding at Christie's. But why did the "Golden Dawn" go under the hammer at only ?4,950 ($24,057)? The price of diamonds has long been relative not to their actual rarity but to the artificial scarcity created by the South African Diamond Trust, often cited by economists as a favorite example of the "perfect monopoly...
...cooperate with you in the laying out of a program by students for study of the American college, and for the discovery of ways in which it can better meet the students of today. My chief criticism of the American college executive is that he does not sufficiently trust the students. His own distrust is the starting point of a vicious circle. From his distrust arises the paternalistic system of college government. From the paternalistic system there comes the postponement of important decisions by the student. From this postponement of important decisions there follows immaturity, irresponsibility and preoccupation with trivial...
...sale and resale price on all incandescent electric bulbs manufactured under its patents. The General Electric Co. had entered into a manufacturing and selling arrangement with the Westinghouse Co. on this basis. The Government suit had contended that such a scheme was in violation of the Sherman Anti-Trust Law of 1890, and that a decision upholding it would destroy the force of the law in all cases involving patents. Chief Justice William Howard Taft wrote the decision which upheld the action of a lower Federal court in Ohio...
Will he refuse to have his titles confirmed, suffer seizure and trust the U. S. Government to secure for him redress; or will he accept a 50-year lease in exchange for a title in perpetuity, on the assump tion that the U. S. Government never will secure for him what it considers his rights...
...International Mercantile Marine Co. (J. P. Morgan & Co.) sold the White Star Line, the only profitable part of its fleets, last week to the Royal Mail Steam Packet Co. for $34,000,000. The late J. P. Morgan could find no Judge Gary for the shipping trust he planned in 1902, although he did get the ablest shipping executive on the Atlantic seaboard, Philip Albright Small Franklin, for president. Mr. Franklin has had many things to fight-foreign competition, inertia of U. S. shippers, a heavy $36,000,000 bonded indebtedness, most of all legislative handicaps. No other government regulates...