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Legal intricacies such as this are by no means the least of aviation's concern. Forty-eight states are seeking the perfect code to answer all such problems. Eager to be in the forefront of trailblazers, New York State last week passed "model'' bills for the regulation of fliers and aircraft and the development of aviation, suggesting: "Other states please copy...

Author: /time Magazine | Title: AERONAUTICS: Law & Order | 3/12/1928 | See Source »

...years ago a certain brand of marshmallows was sold only in confectionery stores. The marshmallow concern had a market survey made and found that marshmallows could be sold in grocery stores as well. They went about securing such distribution and today 95 per cent of their product is sold in grocery stores and the yearly volume of sales has increased more than 60 per cent...

Author: /time Magazine | Title: Business & Finance: Marshmallows, Microscopes | 3/12/1928 | See Source »

...State Legislature of New York. Smith argued that prohibition is a Federal matter; ergo, there is no reason for a State enforcement act. On the other hand, Ritchie argues--consistently with his theory of State rights--that prohibition is a matter with which the Federal Government has not legitimate concern under a truly Federal system, and that "the whole question should be turned back to the States as far as possible...

Author: NO WRITER ATTRIBUTED | Title: Presidential Possibilities | 3/10/1928 | See Source »

...employers of college graduates have come to the same conclusion, if the report of the American Telephone and Telegraph Company is to be accepted as typical. From among the ten thousand college graduates employed by that concern, those who ranked highest in college now hold the bighest position on its rolls, while there is found no similar analogy for those who excelled in extra-curriculum work. When allowance is made for the considerable number who are included in both categories, it will be seen that these figures go even farther than President Lowell's in upholding the value of scholastic...

Author: NO WRITER ATTRIBUTED | Title: THE SCHOLARS SCORE | 3/10/1928 | See Source »

Unusual features of Church financing concern identity of owner of the physical property against which bonds are issued and the value of the property pledged to secure the mortgage. In this case the bonds will be issued under the name of the Catholic Bishop of Chicago and they will be guaranteed by $80,000,000 worth of Church property in Chicago. The Vatican Treasury will receive the proceeds of sale of the issue, and His Eminence Cardinal Mundelein will receive from the Vatican the sums necessary to pay annual interest and meet the sinking fund which will retire the bonds...

Author: /time Magazine | Title: Business: Papal Borrowing | 3/5/1928 | See Source »

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