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...Whitaker Wright began to float companies devoted to ambiguous enterprises. By intermingling their affairs and complicating their books to the utmost, he was able to rob his investors fantastically. Shrewd businessmen who were directors of his London & Globe Co. believed in his infallibility as unquestioningly as did the associates of the late Ivar Kreuger and Samuel Insull. In 1903 London & Globe Co. crashed. Whitaker Wright was charged with issuing false balance sheets. So complicated was the financial maze he had built that no lawyer in England wanted the case. Rufus Isaacs agreed to prosecute it. For days he stood...

Author: /time Magazine | Title: Law: Witnesses in Washington | 10/24/1932 | See Source »

...enslavement. "The time for action is here when our government attempts to step in and forbid the manufacture and sale, unless we pay a tax, of the last and only joy-giving commodity that our country affords. "Let us not give up the ship as long as it will float. We must have some freedom left. Let us stand by and uphold and support the 'noble experiment,'-the 18th amendment-for through the adoption of that law. we have worked out among ourselves a substitute for bonded liquor that far excels in every degree and in every manner...

Author: /time Magazine | Title: Letters, Jul. 4, 1932 | 7/4/1932 | See Source »

Still to be acted on by the Senate were other Wagner proposals to: 1) authorize the R. F. C. to lend a billion dollars for self-amortizing public works by States; 2) float a $500,000,000 U. S. bond issue for a Federal program of public works. President Hoover favored No. 1, frowned on No. 2. Last week Secretary Mills, appearing before the Senate Banking & Currency Committee, vainly argued for the Hoover proposal of R. F, C. loans to private industry. This the Committee rejected on the ground that it would result in unfair competition between industrial concerns financed...

Author: /time Magazine | Title: $2.45 per Head | 6/20/1932 | See Source »

Under a vivid canopy of red and white streamers, which will float over one thousand multi-colored balloons, the members of the Class of 1935 will celebrate the Freshman Jubilee this evening in the new setting provided by the Freshman Union. The strains of Jack Marshard's twenty-piece orchestra will supplement the carnival background of what promises to be a more colorful jubilee than any held in the small area provided by Smith Halls...

Author: NO WRITER ATTRIBUTED | Title: COLORFUL 1935 JUBILEE IS SCHEDULED TONIGHT | 5/27/1932 | See Source »

...attempting a landing, a Freshman crew, which was caught in the river, during the storm, ran up on the float of the Weld boat house ripping off a plank, and injuring the shell...

Author: NO WRITER ATTRIBUTED | Title: RUMOR SAYS PRESIDENT'S HOUSE IS STRUCK BY BOLT | 5/27/1932 | See Source »

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