Word: foundering
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Dates: during 1930-1930
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...employes was due $700,000 from an accumulative yearly bonus which the company paid them under contract. The company rules provide that no bonus is to be paid until the employe has been off the payroll for three years. But last week Jules Hauvette Michelin, nephew of the founder, who heads the U. S. subsidiary, announced that the bonuses will be paid now to all who want them...
...Paris, en route to India (where his wife is ill) to continue his painting and archeological trips, Professor Nicholas Constantinovich Roerich, Russian artist-scientist-mystic, founder of Roerich Museum, in Manhattan, learned that a visa for India had been denied him by the British Government, which charged him with sympathy for the Soviets. Said he: "Any person who is even superficially acquainted with the nature of my work and activities for the past 40 years will understand that the allegation of Communism is inconsistent with the truth...
...Trung teaches that there are good and bad points in all religions. He has codified the "good" points of Taoism, Buddhism, Confucianism and Christianity. Kao-dai is the Supreme God.* His demigods are Lao Tzu (reputed founder of Taoism), Buddha, Confucius, Jesus. A Kao-daist may thus pray in the name of his favorite demigod. Le-Van-Trung's personal demigod is Confucius. Symbol of Kao-daists is a large eye surrounded by clouds...
Seldom has such a formidable array of tycoons been represented in a college activity. Tycoons great and small are included on the roster, new tycoons and old, Harvard and non-Harvard. Besides Founder-members George Fisher Baker and William Ziegler Jr., some of the old established Tycoon-Associates are: Cyrus Hermann Kotzschmar Curtis, John Pierpont Morgan, Adolph S. Ochs, Otto Hermann Kahn, Andrew William Mellon, Owen D. Young, Martin John Insull, Julius Rosenwald. The farflung scope of the new endowment was reflected in such names as H. Gordon Selfridge of London, James Drummond Dole of Honolulu, Hubert Fleishhacker of California...
Quietly last winter was formed a new agency for scholarship called the Facsimile Text Society. Last week it received its first large publicity impetus when the President of the U. S. penned a letter of congratulation and thanks for presentation copies to its founder-executive officer Frank A. Patterson, Professor of English at Columbia University...