Word: war
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Dates: during 1920-1929
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...famed phrase originally coined in the Kellogg-Briand Peace Pact (TIME, July 30), is substantially repeated in the preamble of the Arbitration Pact wherein the signatories "condemn war as an instrument of national policy." But whereas the Kellogg-Briand Pact stops there, the Arbitration Pact of last week goes on to say that the signatories "adopt obligatory arbitration as the means for the settlement of their international differences. ..." This later pledge is the absolute heart and core of what was accomplished, last week, and is carefully elaborated in the treaty's nine articles, binding the nations firmly to arbitration...
...acted in Zukor's first pictures. You learn how Ben Schulberg and Hiram Abrams. after the latter had been discharged by Zukor, organized United Artists; how Douglas Fairbanks, William S. Hart, David Wark Griffith came to fame, how Zukor bought Paramount and parted from Mary Pickford and how the War, wiping out foreign competition, made the whole world a market...
...monk who answered found a cringing wretch there, broken with years of suffering: He identified himself as a onetime Colonel of the Kaiser's armies, personal friend of the Crown Prince, who had led his regiment gallantly to France. But a sense of guilt for his part in war obsessed him, and now he sought to make penitential amends, following the example of the gentle St. Francis of Assisi...
...brother officers, Prussians and Bavarians, followed him to Gorheim, not only because they were sad for the blood they had shed, but also because they disliked the post-war world. During the last few months the penitents have come by twos and threes, until last week it was calculated that at least 200 had been received as novices at the monastery. Most of them were socially prominent in Berlin and Munich, living lives of blithesome ease, swanking at regimental reunions...
...late Henry Pomeroy Davison initiated the renaissance of the Guaranty Trust Co.* The bank had been founded (1864) during the crooked financial period of the Civil War. It was then called the New York Guarantee & Indemnity Co. The late Samuel D. Babcock kept its financing reputable through the dishonest '70s. Thereafter its honesty was no longer necessary, for it ceased to exist except as a name and the title owner of a piece of Long Island real estate...