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That all was not well in Royal Mail was indicated when early this year the common stock began a decline that carried it from a high of 76 (shillings) to 55. Then, while the stock dropped abruptly to 44, Lord Kylsant's brother. Viscount St. Davids, publicly accused him of mismanagement...

Author: /time Magazine | Title: Business & Finance: Sinking Sea Lord | 12/23/1929 | See Source »

...explanation Lord Kylsant said that "public attacks" had hurt the company although its earnings for this year would be as large as during 1928. Yet canny Londoners, awaiting the auditor's report, were inclined to believe Viscount St. Davids' attack upon his brother had been more than a family squabble. For Lord Kylsant's official statement included the phrases: "write off . . . for estimated shrinkage (under present conditions in heavy British industries) of investments in other than shipping companies." These "investments" were guessed to be the base of Viscount St. Davids' anger, were seen to be unwise and unwarranted uses...

Author: /time Magazine | Title: Business & Finance: Sinking Sea Lord | 12/23/1929 | See Source »

...years ago Ivy Chamberlain, handsome, Junoesque wife of then Foreign Secretary Sir Austen Chamberlain, had an idea for a great Italian Art exhibition to be held in London. She formed a committee on which were art wise Sir Joseph Duveen, Roger Fry, Viscount Lascelles (Princess Mary's husband), Sir William Llewellyn. They wrote a letter to Premier Mussolini who became interested, put Dr. Modigliani in charge of a committee...

Author: /time Magazine | Title: Art: Art at Sea | 12/23/1929 | See Source »

...Ronald. A career diplomat, holder until last week of the post to which Sir Robert Vansittart has been appointed, he has served at the Washington Embassy twice: from 1905 to 1907, as Second Secretary under Sir Henry M. Durand; from 1919 to 1920 as Councilor of the Embassy under Viscount Grey of Fallodon and Sir Auckland Geddes. A more personal tie to the U. S. is the fact that Ambassador Ronald has married two daughters of U. S. citizens. His first wife was Martha Cameron, daughter of onetime Senator J. Donald Cameron of Pennsylvania. The present Lady Lindsay was Elizabeth...

Author: /time Magazine | Title: Foreign News: Ambassador Ronald | 11/25/1929 | See Source »

...Barked Viscount Allenby, Conqueror of Palestine: "Our armed forces have been a great universal police force. We must keep them at such strength that we can . . . safeguard and uphold the mandates...

Author: /time Magazine | Title: BRITISH EMPIRE: Parliament Week | 11/25/1929 | See Source »

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