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...little side investigation conducted by the Senate has been looking into the Bureau of Internal Revenue. One of the matters gone into was the refund of taxes to the Gulf Oil Corporation in which Mr. Mellon is interested. It developed that a settlement had been made in regard to tax refunds on Feb. 28, 1921, a few days before Mr. Mellon took office. An agreement for a final settlement was made in August of last year under Section 1312 of the Revenue Act, by which the case cannot be reopened. The propriety of this is at present under inspection...

Author: /time Magazine | Title: National Affairs: Next! | 4/7/1924 | See Source »

...days, or Russia would withdraw. On Wednesday, the Chinese Cabinet, ostensibly in a huff, told Mr. Karaghan to leave the country. On Thursday, M. Karaphan not having left, the President of China transferred the conduct of the negotiations from Mr. Wang to Dr. Wellington Koo. But the prospects for settlement were no better...

Author: /time Magazine | Title: RUSSIA: Celestial Relations | 3/31/1924 | See Source »

...measure of immediate and temporary relief, the House Bill is another magnificent example of beneficence but no nation can long survive on charity. Of far greater permanent value to Germany and the rest of the world would be a definite settlement of the reparations problems. Constructive statesmanship rather than largesse is needed to bring about an economic readjustment of Europe; a real readjustment upon an equitable determination of the amount which Germany can actually pay. And by a concensus of expert opinion, which the Dawes report will undoubtedly reflect, that amount is very much less than the rather punitive...

Author: NO WRITER ATTRIBUTED | Title: BENEVOLENT SIDESTEPPING | 3/26/1924 | See Source »

...clearing away of war hatreds and vindictiveness. By example the House appropriation should help in a small degree to dispel the European atmosphere of mistrust. For the United States, the bill ought but mark a commendable preface to the real task of aiding Europe in a reparations settlement...

Author: NO WRITER ATTRIBUTED | Title: BENEVOLENT SIDESTEPPING | 3/26/1924 | See Source »

...signed between Lithuania and the Powers. The Memel dispute involved the former East Prussian port of Memel and the mouth of the Niemen River, full control over which was sought by the Lithuanian Republic. Norman H. Davis, Manhattan publicist, acting as special agent of the League, provided the settlement. Lithuania gets Memel. Traffic on the river, which serves the commerce of Germany, Poland and Russia, is to be free. The Lithuanians pretended to object. Poland did object. Russia barked...

Author: /time Magazine | Title: THE LEAGUE OF NATIONS: A Busy Week | 3/24/1924 | See Source »

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