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...value to about $12,000,000,000. Senator Johnson wanted know: Who issued these foreign securities in the U. S.? What was their cor mission? Did they retain any for ther selves or dump them all on the public? What political dickering was behind each issue? How much did worthless foreign bonds have to do with bank failures? The Senate Finance Committee prepared answer these questions by summoning ranking officers of the following big banking houses: J. P. Morgan & Co.; Kuh Loeb & Co.; National City Bank of Ne York; Chase National Bank; Guaranty Trust Co.; Dillon, Read...

Author: /time Magazine | Title: National Affairs: Debts & Dissent | 12/21/1931 | See Source »

...measuring stick in the West than in the East, about a dozen metropolitan dailies on the Pacific Coast are that old, or older. The Express was alive in Los Angeles for ten years before the Times came along. In San Francisco, in 1880, Senator George Hearst accepted the nearly worthless Examiner in lieu of payment of an old debt, negligently kept it for seven years until his son William, home from Harvard by expulsion, astounded him by asking to have the paper for his own. The Chronicle's stormy career under the brothers Charles and Michael De Young...

Author: /time Magazine | Title: The Press: Half-Century | 12/7/1931 | See Source »

...being the mouth of the western-world Nile, so called because of its fertility. Other men answered that "Drang nach Osten" was a title of Charlemagne, the religion of the Huns, and a name applied to the Merovingian Kings because they couldn't even ride a horse, and were worthless...

Author: NO WRITER ATTRIBUTED | Title: History "Howlers" Reveal Fact that Drang nach Osten is Stumbling Block for Many-Trivium a Country Like Gaul | 10/27/1931 | See Source »

Long ago last spring, the Vagabond read of the various college rackets: pilfering of books from the library, the passing of worthless checks upon unsuspecting parents. But not until last Saturday, as he drove between West Point and Poughkeepsie, did he know that chewing gum was a subject for profiteering. It seems that during the present Vassar quarantine, the girls have no source of purchasing this delicacy. So the Vagabond entered a likely looking A & P, and for 67 cents invested in twenty packages of Wrigley's best. Then, with wonderful business ideas seething through his head, he offered them...

Author: NO WRITER ATTRIBUTED | Title: The Student Vagabond | 10/22/1931 | See Source »

...United States and the other signatories of the Kellog-Briand Pact must bring pressure to bear on China and Japan immediately, or else the Kellog Pact will be disgraced and rendered worthless by the fighting that is going on between the two countries, both of which are signatories of the pact," declared Professor L. C. Porter of the Chinese Department, in an interview yesterday." The present activities in Manchuria are the first instances of two countries fighting that signed the pact...

Author: NO WRITER ATTRIBUTED | Title: "Kellog-Briand Peace Pact Will be Worthless if the United States Does Not Enforce it," Says Professor L. C. Porter | 10/8/1931 | See Source »

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