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...Jones is a public official. Certain interests want a bill passed. There is no crude attempt to hand Jones money. Jones votes right, and later is given a part in some good business deal where he can make an excellent profit with no risk of loss...

Author: /time Magazine | Title: POLITICAL NOTES: Burning Disgrace | 8/30/1926 | See Source »

Edgar Allan Poe once published a triumph of the imagination entitled "The Balloon Hoax," purporting to tell the tale of an enterprising newspaper's fictitious account of a balloon crossing the Atlantic. Poe was a dreamer; he wrote his little fancy for certainly no more sordid motive than profit. Today's dreamers spoof with "The Spokesman Hoax," with the ignoble design of evading responsibility- nothing more. Gentlemen breakfast, then naturally desire to know what the Chief Executive thinks, for example, about increasing, by Congressional legislation, acreage on Philippine rubber plantations. What do gentlemen read?". . . The Spokesman...

Author: /time Magazine | Title: The Press: Winston-Salem | 8/23/1926 | See Source »

...than his ramrod-backed great-grandpapa, creator of that appalling garment, the "Prince Albert?" Prince Consort Albert, needless to relate, deserved well of Science by his indefatigable championship of the Great Exposition of 1851 against the opposition of both the Lords and Commons, and his employment of its surplus profit of ?150,000 to found the present Victoria and Albert Museum, in London. Throughout his life he exhibited a passion for developing British industry which vented itself even upon such details as persuading individual crockery makers to improve the design of their slop-jars. The meeting progressed to a climax...

Author: /time Magazine | Title: Foreign News: Wales' Speech | 8/16/1926 | See Source »

...invocation not seldom heard along docks. Last week the incredible was revealed. The Directors of the P. & O. also wish that they had "a quid" (?1=$4.85) for every mile their ships steamed in 1925. Instead, for 16,450,000 miles of steaming, the company can show a profit of only "two bob" (2 shillings=24.5c each) per mile.† As President of the Board of the P. & O., James Lyle Mackay, First Viscount Inchcape of Strathnaver, 73, unchallenged maritime seigneur,** deigned to make no statement last week when the P. & O. balance sheet flashed over the cables...

Author: /time Magazine | Title: Foreign News: Worst Year | 8/16/1926 | See Source »

This is the season when crop reporters are at their busiest. They are the gentry who flit about the countryside gathering data on agricultural conditions, data useful to farmer, middleman, speculator and consumer. Accuracy, speed and skillful surmise count mightily in the interplay of production, consumption and profits. Let him profit who best knows how, is the attitude of the Department of Agriculture, great compiler of pertinent statistics...

Author: /time Magazine | Title: Business: Crops | 8/9/1926 | See Source »

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