Word: optionals
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...Hotel, as French diplomats in London always do, deeming its food the best in the city. That night Premier Flandin and M. Laval were obliged, however, to eat amid the stuffy splendor of Londonderry House because the Marquess and Marchioness of Londonderry have what amounts to a permanent social option on Prime Minister James Ramsay MacDonald and any celebrity guests of His Majesty's Government...
...York Coffee & Sugar Exchange could not get enough sugar to fulfill December contracts of 26,450 tons (TIME, Dec. 31). The AAA quotas for Hawaii, Puerto Rico and the Philippines had been filled for the year. Cuba had given to U. S. refiners what amounted to an option on the rest of the Cuban quota. Surplus sugar accumulated from other years was not tenderable in fulfillment of Exchange contracts. So the shorts caught in the squeeze defaulted, were ordered to liquidate their contracts with the long interests at 2.08? per lb. cash, which the Exchange claimed was the last spot...
Having recognized the uselessness of the elementary language requirement lot the University abolish it. But in requiring a reading ability the administration should not neglect the importance or usefulness of the Classics. French, German, Latin, or Greek should be the option...
...intervening years American Tobacco (Lucky Strikes) purchased the manufacturing facilities of Tobacco Products but instead of buying the valuable good-will tied up in the brand names it leased them for 99 years at an annual rental of $2,500,000. American Tobacco, however, has an option to buy the brands at any time, and last week it was reported that President George Washington Hill was planning to do just that...
...parent Morrow company. The American Tobacco lease is pledged as collateral for the bonds, which were issued in a reorganization several years ago. Outstanding in practically the same amount as the theoretical value of the lease, the bonds become due & payable the instant Mr. Hill takes up his option...