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...Apparently Mr. Coolidge did not know and was not informed about these things. . . . Anyhow, he is the first President to review the American Navy in a yachting cap and a business suit-but that is what he wore. Also he is the first President who left the bridge after 20 minutes of the review and, retiring to the stern of his boat, there had his picture taken and reclined for the rest of the two hours on a couch from which he could neither see nor be seen by the battleships as they passed the Mayflower. . . . Naval circles in Washington...

Author: /time Magazine | Title: National Affairs: Review of Review | 6/20/1927 | See Source »

...this will let you know that I do not want it any longer for it will suit those blue-bellied Yankees of the industrial East better than it does the Farmers of the West...

Author: /time Magazine | Title: Letters: Jun. 13, 1927 | 6/13/1927 | See Source »

Later in the week, Governor Small agreed to pay the State of Illinois $650,000 in settlement of a certain civil suit against him. In return for this payment, he was absolved from blame in connection with the money involved in the suit...

Author: /time Magazine | Title: CORRUPTION: Illinois v. Small | 6/13/1927 | See Source »

There remained civil suit to recover from Mr. Small and the Curtis estate, an amount placed by the state at $1,025,000. Because Governor Small disputed many items in the state bill, a Master in Chancery was appointed to report on the exact sum owed. Last week the approaching Chancery decision brought the six-year-old case once more into black, streaming headlines...

Author: /time Magazine | Title: CORRUPTION: Illinois v. Small | 6/13/1927 | See Source »

...Johns-Manville president is Theodore F. Merseles, 63. He has been, successively and with much success, a railroader, bicycle maker, cloak and suit mail order man. In 1921, when the price slump had dragged Montgomery Ward & Co. (everything by mail, from engagement rings to fox-traps) into a nine million dollar deficit, he was called in as its president. The 1922 balance sheet showed profits of $4,562,607. He revolutionized the buying and inventory control, tripled gross sales in five years (to some 200 millions in 1926), and made record profits of $11,358,498. When he resigned...

Author: /time Magazine | Title: Business & Finance: Manville, Morgan, Merseles | 6/13/1927 | See Source »

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