Word: instead
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Dates: during 1920-1929
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...Britain, France, Italy and Japan signed without conning over a document with which all, including Dr. Schacht, were excessively familiar. That made six signatures. The seventh?Belgium's?was not affixed last week. The Belgian delegates huffed and withdrew (TIME, Nov. 18) when Basle, Switzerland, was selected instead of Brussels as the bank site...
...them to get it from Germany's offish Schacht, usually the closest oyster at any conference. Perhaps in irritation the newshawks made little of the fact that Mr. Reynolds went straight from Baden-Baden to Paris for a conference with representatives of the House of Morgan. The reporters favored instead as prospective chairman Chicago's drawling "Mel" Traylor...
Sages. Many were the self-proclaimed sages who declared they had predicted the break. But outstanding Wise Man was Roger W. Babson who, after a record of much unsuccessful seering, publicly forecast the decline, although instead of his break of "60-80 points," the industrial average dropped 183 (according to Prof. Irving Fisher's index of 50 most active industrials). Quickly capitalized was Seer Babson's accuracy, as were Wag Cantor's losses. Newsstands displayed for $3 a pamphlet giving Babsonic market recommendations. A long silent sage, John Moody, late last week predicted the break was over, that 1930 would...
...play for the championship of the world last September in Wiesbaden it was soon evident that their match was unusual. It was no timid conflict between rivals mutually afraid of each other. It was a sort of scherzo in slow motion. They explored obscure, experimental lines of play. Instead of brooding for hours in the approved fashion of chess masters, they became at times noticeably excited. At Heidelberg, Berlin, The Hague, Rotterdam, Amsterdam chess followers saw the astounding spectacle of a challenger carrying a match to the world's champion. Once Bogoljubow, in defiance of all tradition, passed...
Scheme No. 1 concerned the Bankers' Capital Corp. which recently failed, attributing its collapse to low levels of bank stocks. Investigation indicated that Bankers' Capital, instead of dealing in bank stocks, formed affiliated companies, buying stock in one and then selling it at a profit to another. In turn the affiliates used their resources to support the market in Bankers' Capital stock. From this procession of intramural deals Bankers' Capital last year earned enough to pay a special dividend of $17 a share ($2,000,000). Outstanding stock of Bankers' Capital and affiliated companies came...