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...friend of L'Action Française" famed royalist newspaper of which the editor is Leon Daudet, bon vivant, practical jokester, son of famed Author Alphonse Daudet (Tartarin de Tarascon), exile from the republic he has so consistently lampooned (TIME, June 13, 1927, et seq.). Three days after the 28 gullible deputies replied to the "Poldavian Minister," a special edition of L'Action Française appeared...
...great national oil restriction program (TIME, April 8 et seq.) opened another seam last week when Oklahoma operators decided that the sky was the limit on Oklahoma production. Prairie Oil & Gas and Sinclair Oil Corp. were listed as anti-restriction leaders, with the approach of the automobile and gas-consuming season as underlying motive for increased production. Oklahoma has had a proration agreement with an umpire (one Ray Collins) to enforce it, but oilmen turned baseball-men, cried Kill the Umpire, abolished the proration system...
After these words he gave a brief exposition of the proposed plan, and almost at once Japan's Kenjo Mori rose to voice warm approval. Previously extreme pessimism had been the attitude of the Japanese chief delegate (TIME, April 22, et seq.). Within a few moments it was evident that Britain's quiet Sir Josiah Stamp would back the Young Plan. Only the French and their Continental Allies looked glum...
...paradox of a "beneficial insurrection" is readily explained. The revolt was led openly by several Generals of the Army and Governors of Mexican States (TIME, March 11, et seq.), who had machinated secretly against Plutarco Elias Calles when he was President and later against his staunch friend President Emilio Portes Gil. So highly placed were the insurrectos that until they actually broke out their banners of revolt, nothing could be done to check their plotting. Once they chose to take the field, and lost, their power within the Army and State was broken...
British G.E.-U.S.G.E. No direct connection has existed between Gerard Swope's U. S. General Electric Co. and Sir Hugo Hirst's British General Electric Co.. Ltd., onetime (TIME, April 1, et seq.) prominent exponent of the Britain-for-the-British financial theory. Last week, however, such a connection was rumored in the report that British G. E. contemplated merging with Associated Electrical Industries, Ltd., largest British makers of electrical equipment. Inasmuch as Associated Electrical Industries is about one-third owned by International Electric Co., and as this latter corporation is a subsidiary of U. S. General Electric...