Word: fleetly
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...three months." And last week Araki sounded off again. He demanded a 1,000,000,000 yen ($267,000,000 at current exchange) domestic loan to squeeze a still bigger Army and Navy out of gasping Japanese taxpayers. At the same time he pointed to the U. S. Atlantic Fleet's continued presence in the Pacific and the letting of new naval contracts to build the U. S. Navy close to treaty limits (TIME, Aug. 14): "There is no telling what America will do when her navy is definitely superior to Japan's after 1935-" Count Uchida...
...Newport to Vineyard Haven run of the New York Yacht Club's cruise. Last year she captained a crew of three men and won the interclub championship on Long Island Sound. In the summer she sails in overalls. In the winter she races regularly with the "frostbite" fleet, in 11-ft. dinghies. Last winter, during a gale that only two other dinghy skippers would risk their boats in, she hit a mooring spile, had to be rescued. This made her a member of the "Loons"-frostbite skippers who have survived tipping over in the Sound in midwinter. Last week...
...ended Japan's first massed naval maneuvers in three years. The Emperors of Japan have reviewed their navies only 16 times. In 1890, first review to attract Western attention, the Emperor of Japan had 32,328 tons of warships, all built abroad. Last week the Emperor's fleet was 26 times as great, and nearly every ton of it built in Japanese yards. Since the last maneuvers three years ago, the sea fleet has increased 20%, naval aircraft...
Problem of Japan's 1933 maneuvers was how to defend the Empire from an enemy fleet supposed to have seized the Caroline and Marshall Islands which Japan received as mandates from the League of Nations and has declined to give up since she resigned from the League (TIME, April 3). Solving this problem took nearly a month, cost the hard-pressed Japanese Treasury some $2,700,000 and employed almost every ship, almost every station in the Japanese navy. For several days the Emperor himself commanded the defense forces. What the results of the maneuvers were Japanese referees would...
Last week the following were news: William G. Mather, Cleveland tycoon, president of Cleveland-Cliffs Iron Co. (miner of iron ore in Minnesota and Michigan, operator of a fleet of 20 Great Lakes freighters, manufacturer of charcoal and wood chemicals), last week retired from active management of the company which was given him in 1891 by his father, the founder. Elected to the newly created post of chairman, he was succeeded as president by Edward B. Greene, chair-man of the executive committee of Cleveland Trust...