Word: settlements
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...Razor Co. and United Cigar Stores Co. were settled out of court last week. Gillette had charged that United had exaggerated its ability to sell razors and blades, claimed $10,000,000 damages were due. United brought a $7,000,000 countersuit for breach of contract. The extra-legal settlement provided for a $1,900,000 payment by Gillette and the resumption of business relations. But existing contracts are cancelled. At the end of last year Gillette had $4,212,000 in cash...
Aflutter last week was Miss Muriel Lester of Kingsley Hall Settlement, Bow, who had just received a letter from her good friend Mahatma Gandhi that if & when he goes to London to confer with Prime Minister MacDonald he does not want to stay at Hampstead's Indian Hostel as expected, but at her settlement house. Reporters found Kingsley Hall very clean and neat, smelling slightly of disinfectant. It has a large flat roof from which St. Gandhi may survey the squalid East End, and a large bronze bell, presented by white-whiskered First Commissioner of Works George Lansbury...
...Secretary of Commerce. Mr. Hoover was a member of the U. S. Debt Funding Commission which negotiated final settlement with the Allies. No one is more familiar than he with the Republican Party's long insistence that no legal or moral connection exists between the Allied Debts and German Reparations, despite the fact that 75% of Germany's $28,000,000,000 Reparation payments are destined to reach the U. S. as Debt payments from the Allies. The Hoover moratorium proposal was the first time a Republican President had ever admitted a connection between these two great items...
...approve in any remote sense of the cancellation of the debts to us. World confidence would not be enhanced by such action. None of our debtor nations has ever suggested it. But as the basis of the settlement of these debts was the capacity under normal conditions of the debtor to pay, we should be consistent with our own policies and principles if we take into account the abnormal situation now existing in the world. I am sure the American people have no desire to attempt to extract any sum beyond the capacity of any debtor...
...years taken her on automobile trips, stopping at hotels, with knowledge and consent of the parents who never dreamed that his interest was other than fatherly: how Starr, who was emotionally unbalanced as a result, finally made known the facts to her parents; how they obtained a $20,000 settlement from the despoiler to pay for treatment of Starr by psychiatrists and neurologists. For all their effort, they said, Starr never fully recovered nor mality. With their full knowledge if not their consent she had run around with (and after) all kinds of men in all kinds of places "looking...