Word: otto
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Austrian politicians stick together in a crisis, but when crisis is past Austria's Cabinet is apt to fall. Last week Chancellor Otto Ender & Cabinet were forced to resign after averting an Austrian panic with an agreement whereby the State guarantees the liabilities of Austria's key bank, her great and almost bankrupt Kreditanstalt (TIME, June 8). Although Dr. Ender had deserved well of Austria, his friends & enemies preferred not to associate themselves with the guarantee his Cabinet had given, hence they permitted it to fall...
...middle-aged German photographer named Otto Hillig and a youthful Danish farmer-turned-aviator named Holger Hoiriss flew in a Bellanca last week from New York to St. John, N. B.?and the 1931 season of transatlantic flying was officially opened. They settled down to await another break in the weather for their hop to Denmark; in Hillig's words, "just a couple of immigrants going home." Few days after the "immigrants" start, beauteous Socialite Ruth Nichols followed in her fast Lockheed. Forced to land into the setting sun at the St. John airport and partially blinded...
...Count, who reminds one of a Japanese Otto Kahn, dresses with extreme care, has exquisite taste & tact, has been thrice Foreign Minister. He has also been a member of the Son of Heaven's august Privy Council. He is above party and by far the highest ranking citizen of Japan ever placed in charge of her Panama Canal...
...Europe. On the first day of the 20th Century he was made a partner in the firm. Many times a millionaire, he was active in philanthropy, a collector of art treasures. His death left only nine partners in his firm, an unusually small roster. They are: Felix Moritz Warburg, Otto Hermann Kahn, Jerome J. Hanauer, George W. Bovenizer, Lewis Lichtenstein Strauss, Sir William Wiseman, John M. Schiff, Gilbert Wolff Kahn and Frederick M. Warburg...
...after desperate day last week Dr. Otto Ender, Chancellor of Austria, staved off the fall of his cabinet and strove to avert the grimmest fiscal crisis which his country has faced since her finances were officially stabilized by the League of Nations. There was even talk that Austria might have to place herself under League fiscal tutelage again. Cause of the crisis was the near failure of Osterreichische Kreditanstalt, the great Vienna bank founded 86 years ago by the House of Rothschild. On its board of directors today sit representatives of the Bank of England, Manhattan's Guaranty Trust...