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...when the two were jailed for a Preparedness Day bombing which they have continued to insist they did not commit. Last July several States' witnesses renounced the testimony which had convicted Mooney & Billings, reopening the case (TIME, July 14 et seq.). The State Supreme Court, which has sole jurisdiction over Billings because he is a second-offender, sat not as a court but as an advisory pardon board. They heard the entire bombing rehashed. The Governor said he would do for Mooney what the Court did for Billings. Last week the Court declined finally to recommend a pardon...

Author: /time Magazine | Title: National Affairs: California's Case | 12/8/1930 | See Source »

This is the sole and final guarantee of the Young Plan Bonds, not guaranteed by the sellers, not guaranteed by the Bank for International Settlements, not guaranteed by the Allied Powers, but secured by the credit of the German Government and, if Germany chooses to default, resting ultimately for security upon a decision by Britain, France, Belgium, Italy and Japan as to whether or not they want to extort payment from Germany by force of arms...

Author: /time Magazine | Title: INTERNATIONAL: Gold, Gold, Gold | 12/1/1930 | See Source »

...trust company of limited financial responsibility will be formed at once to control the $10,000,000 worth of Army property in Great Britain, Australia, France and other Continental countries. At present General Higgins is sole trustee of that property. Seven trustees will manage the new corporation, just as five trustees manage the $40,000,000 worth of Army property...

Author: /time Magazine | Title: Religion: Salvation Army Ltd. | 12/1/1930 | See Source »

...Power Co. was subjected to a Federal Trade Commission inquiry and widespread criticism for its financial interest in 13 newspapers. Straightway I. P. & P. took steps to dispose of those holdings. Last week, through a series of misadventures, I. P. & P. found itself again temporarily in the newspaper business-sole owner of the Augusta (Ga.) Chronicle, Columbia (S. C.) Record, Spartanburg (S. C.) Herald and Spartanburg Journal. In a Federal court sale the paper company was awarded the properties...

Author: /time Magazine | Title: The Press: Power and the Press (Cont'd) | 11/24/1930 | See Source »

...sole bidder at the court sale. Of the $983,130.90 bid, $870,000 is represented by the note it holds, the balance will meet debts incurred by the papers since the note was signed. Its title now clear, I. P. & P. will undoubtedly sell the papers as soon as it is possible...

Author: /time Magazine | Title: The Press: Power and the Press (Cont'd) | 11/24/1930 | See Source »

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