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Last week the world's most celebrated aviator delivered himself on the subject which most aviators consider the world's greatest joke. Wrote Charles Augustus Lindbergh in a letter which was read aloud by Clark University's President Wallace Walter Atwood at graduation ceremonies in Worcester, Mass.: "Clark University is taking part in a project which may have far-reaching effects on the future of civilization. For many years a member of the staff, Professor Robert Hutchings Goddard, has been experimenting with rockets...
Within the hour prior to his sudden death in a committee room in Ohio's State House last month, President William Forbes Morgan of Distilled Spirits Institute read aloud a lucid eight-page statement urging rejection of a so-called "antidiscriminatory" bill which sought to prohibit liquor imports into Ohio from States whose liquor laws discriminated against Ohio. Performing his most important task since leaving his job as Treasurer of the Democratic National Committee to become front man for U. S. liquor interests (TIME, March 1), Mr. Morgan contended that the legislation: 1) proposed retaliatory measures against honest regulatory...
...road at "the main entrance of the division superintendent's office at the Cedar Lake Shops." Arriving at the precise spot on the second floor of a grimy yellow brick building, white-crowned old Master Abbott pulled out a bound document, adjusted his pince-nez, began to read aloud to himself. Sixteen times had Mr. Abbott tried to sell the railroad, and he was not surprised that no one showed up for 17th offering...
...Sweringen companies, Mr. Hoxsey had described in his memorandum as "necessarily bad ... a mere exploitation of what may be termed the surplus earnings of the operating companies during periods of prosperity ... a temptation to rape the subsidiaries for the benefit of the holding company." Senator Wheeler read aloud Mr. Hoxsey's reasons for the indictment of such companies: "Financially and economically, because a small and normal variation in the rate of return on the property of the operating subsidiaries makes a large and abnormal variation in the rate of return on the securities. . . . "Ethically, because under certain circumstances they...
...back the challenge word by word in tones which fairly cried aloud...