Word: investment
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Dates: during 1920-1929
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Ludwig Lewisohn, Jewish author who has suffered from Christian ostracism, recommends in his new book, Midchannel, that states invest rabbis with full legal powers in affairs affecting Jews, especially concerning marriage and divorce. Several European countries have such autonomous courts. Manhattan has an extra-legal one whose chief function has become the smoothing of disputes between Jewish manufacturers and tradesmen...
Ability, judgment, and loyalty are good money anywhere. They are too good money to invest in the paying stones of hell. A paved street is a handsome sight, but unless there is traffic on the street it leads nowhere. And there are plenty of people who sell paying stones. That's their weakness...
Studebaker-Pierce Arrow. Stockholders of Pierce Arrow Motor Car Co. met, last week, to approve plans for an alignment (not a merger) with Studebaker Corp., bringing together companies with total assets of $200,000,000, making the fourth largest manufacturing unit in the industry. Studebaker will invest $2,000,000 in a reorganized Pierce Arrow company, call upon its selling organization to increase Pierce Arrow production to 15,000 cars yearly...
...Analyst Moody, 38 years in Wall Street, not in need of food, added, less humbly: ''There is. perhaps, a way to advise how to invest more or less wisely and with a minimum of risk...
...When I was 25 years old I wrote a book on how to invest money wisely and look at me now. I actually am in need of food. I suspect that when you are my age you will be about...