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...companies, bought from a Canadian oil company 33,333,000 barrels of oil. The Canadian company had bought this oil from the Mexia (oil) companies of Texas. It was claimed that the Canadian company, which made some millions of dollars on the transaction, was a "shadow" or "dummy," concern, and that Albert B. Fall received $230,000 in Liberty Bonds as his share of the profits. When the Teapot Dome case first came up before a Federal court in Cheyenne (TIME, March 23, 1925), Mr. Blackmer, along with one James E. O'Neil, president of the Prairie...

Author: /time Magazine | Title: THE CABINET: Lines Lacking | 7/4/1927 | See Source »

...relatives helped him secure funds to build a monoplane in Brooklyn. He taught himself to fly, set up an aviation school. During the War, he lost a contract with the British government because he did not have the money to swing it. He designed planes for a Maryland concern until it went bankrupt...

Author: /time Magazine | Title: AERONAUTICS: Passenger Airlines | 7/4/1927 | See Source »

...Manhattan, where tall buildings have begun to cause concern, the Broadway Association last week noted, on the basis of new surveys, that every story of a skyscraper brought 1,000 more people to a neighborhood. But land is so dear on Manhattan Island that buildings must be tall to earn enough income for expenses. Thus last week Irwin S. and Henry I. Chanin, constructors, announced that their new building at Lexington Ave. and 42nd St. would be 625 feet, 52 stories high. The location is as costly as land within the "Broadway district," a strip of streets about 200 blocks...

Author: /time Magazine | Title: Business: Dear Land | 7/4/1927 | See Source »

...Significance. Author Jameson contradicts the conceit which makes many women writers concentrate on the opposite sex. Her best characters have all been women. Her themes, it is true, often concern women doing men's work, organizing their lives toward a new freedom. The Lovely Ship in manner bears some resemblance to the writings of Joseph Hergesheimer, but Miss Jameson is more interested in making her people live than in describing ten-course dinners. Her performance in this book is one of almost pure perfection. An intention beautifully realized excuses an occasional prolixity. An infrequent weakness is overbalanced by Miss...

Author: /time Magazine | Title: FICTION: Lovely Ship | 7/4/1927 | See Source »

...year-old nurse who tended his first wife on her deathbed. The wedding took place five weeks after the death. Said the new Mrs. Grindle: "By remarrying, the vicar has paid the best compliment to the memory of his [first] wife. I nursed her and know her chief concern was how Harry would get on without assistance...

Author: /time Magazine | Title: Miscellany: Jun. 20, 1927 | 6/20/1927 | See Source »

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