Word: wealth
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Dates: during 1930-1939
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...Hughes's corporation practice with equanimity, begrudged him none of his "real money." Not so Henry Latham Doherty, oil and public utility tycoon, head of Potent Cities Service Corp., who spoke out against Mr. Hughes's nomination. Wrote he: "No Justice of the Supreme Court should capitalize into wealth the prestige and influence acquired. ... He should neither expect nor receive appointment to the position of Chief Justice. . . . There are rumors afloat that a huge and uncontrollable political machine has been built up whereby governmental control will be lodged in the hands of a few men and, with the confirmation...
Shrewd friend of diplomats and financiers is Count Giuseppe Volpi Di Misurata, onetime (1925-28) Italian Minister of Finance. Although a shipping enterprise brought Count Volpi his first wealth, his chief interest now is not water to bear his vessels, but water to spin the turbines of the vast hydro-electric enterprises which he controls. Recently, intent upon the development of a gigantic European electric power system, he decided he needed U. S. capital. Last week he and his associates finished a far-reaching deal with Americans who had capital, were glad to spend it for power in Europe...
...piling wealth of her experience, Peggy drew up ten categorical imperatives for husbands. One of them: "He must get up first in the morning and not let me see him until he is shaved. It is very tiring to have to look at a husband early in the morning." The diary ends with Peggy unmarried again as she was in the beginning. But she leaves you with the impression that she has already begun to cheat old age, and will probably cheat Death...
...empty tradition sanction it. It is not improbable that he will try to work out a new educational scheme in the same spirit in which he improved the method of making glass, of assembling automobiles, of bringing up to date that specialization which Adam Smith outlined in "The Wealth of Nations" a century and a half ago. But in the new field he will not have so much liberty of action as in a room filled with machinery. Man has been making and unmaking educational systems since organized society was young. Educational skeletons strew the highways of old and modern...
...over. In 1928, 13 others joined this select group. Million-dollar incomes increased from 290 to 496. While not all millionaires necessarily have a millionaire's income, and some people with millionaires' incomes often fall far short of the seven magic figures in actual wealth, during 1928 exactly 42,613 people reported incomes of $50,000 ($1,000,000 @ 5%). In 1927 there had been only 33,695 in this class. Not only rich men grew in number, as the following table of total people reporting shows...