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...cynical political philosophy contained in the two quotations, which I cite below, from the April 4 issue of TIME, should be of alarming interest to everyone...
...restaurant and food products business. Within a month will be offered for sale 105,000 shares of common stock at about $3.25 per share. The company has an authorized issue of 500,000 shares, of which 350,000 will be outstanding. As an inducement to buy, the company can cite a $1,684,000 volume of gross business last year. Peak year was 1929, with $2,100,000. Over-the-counter sales will be handled by Pringle, Price & Co. Largest stockholders will be Mrs. MacDougall, Son Allan, and Chain Store Fund, Inc., an investment trust which bought a minority interest...
...cite another example. The United States, together with other nations of the world, has an interest in the publicity of treaty engagements. The League of Nations provides a method of registering treaty engagements in order that they may be known by the whole world. Almost 3000 treaties have been registered in the last few years, some of them by states not members of the League of Nations. The United States communicates its treaties but does not register them. We withhold our support of the only method practicable of banishing secret engagements. When a year ago thirty American professors of international...
Governor Murray is a bookish man. His library of some 5,000 volumes is a precious possession. His reading is deep, wide, mostly classical. Many a visitor leaves him with a sense of astonishment at his erudition, his ability to quote and date and cite. Constitutional government is his specialty. The late great Champ Clark, observing him in the House, called him one of the greatest constitutional experts and parliamentarians ever to sit in Congress...
List: I am afraid that I must ask you to cite an example...