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Good for one year only, the new legislation makes Minister of Commerce C. N. Hauge virtually Denmark's Tsar of Imports. Advised by 13 representatives of agriculture, commerce and industry, he will dictate the rationing of foreign exchange (through the National Bank) to Danish importers. Thus if a Dane wants to buy a German Mercedes, the Import Tsar at his discretion can block the exchange transaction and may thus switch the sale to another country, by intimating for example that he would facilitate the purchase of a British Rolls-Royce...

Author: /time Magazine | Title: DENMARK: Import Tsar | 12/19/1932 | See Source »

Divorced. Prince Alexis Mdivani, one of three Georgian brothers (others are divorced from Film Actresses Pola Negri and Mae Murray); and Princess Louise Astor Van Alen Mdivani, Manhattan socialite; at The Hague, Holland. Prince Alexis, son of the late Tsar Nicholas' aide-de-camp, lost his standing as "unofficial ambassador from Georgia" at Paris, by a new non-aggression pact signed last fortnight by France and Soviet Russia...

Author: /time Magazine | Title: Milestones, Dec. 12, 1932 | 12/12/1932 | See Source »

What he would do after March 4 the Vice President was not sure last week. He is not a rich man and not much of a $15,000 salary can be saved in Washington. There had been a suggestion that he become "tsar" of the oil industry-at $250,000 per year-but that seemed too good to be true. He also had friends in the real estate business who might use his services. If the worst came, he could always return to practicing law in Kansas...

Author: /time Magazine | Title: National Affairs: Lamest Duck | 12/5/1932 | See Source »

...railroad management can legally or morally divest itself of ultimate freedom of action," explained the committee of western railroad presidents last week in announcing, after months of deliberation, the choice of a supervising "commissioner." He will be Harry Guy Taylor, 52, publicist with American Railway Association, No tsar, he will arbitrate on rate and schedule questions, will never initiate action, will have no power to enforce his decisions...

Author: /time Magazine | Title: Business & Finance: Personnel: Dec. 5, 1932 | 12/5/1932 | See Source »

...Aquitania and Mauretania, Lord Essendon pits his Majestic, "world's biggest ship," his Olympic, his new Georgic. Both face stern competition from the French Line, the North German Lloyd-Hamburg-American combination, U. S. Lines and to a lesser extent from Il Duce's Italia Line. Though Tsar Emil Lederer of the Transatlantic Passenger Conference keeps fares equalized for all, the fight for traffic is hot, the profits nil. Only big British shipping concern to escape the woes of the North Atlantic dogfight is the late great Lord Inchcape's mighty Peninsular & Oriental Steam Navigation Co. World...

Author: /time Magazine | Title: Business: Britons & Ships | 11/14/1932 | See Source »

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