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...been restricted solely to the oil industry, but also include different mechanical and electrical devices that are manufactured by the General Electric and Westinghouse Corporations, and I also de rive an income from banking, real estate, department stores, automobile business, manufacturing and many other enterprises. I have not sunk a lot of money in the South west Air Fast Express or in anything else, and for your information I could dispose of my inter est in the Southwest Air Fast Express for a nice profit...

Author: /time Magazine | Title: Letters: Jul. 7, 1930 | 7/7/1930 | See Source »

Stockmarket traders last week found themselves forced back to the neighborhood of the line established by last November's panic. Stocks stood generally at or near their 1930 lows, which in several cases had sunk even under the 1929 panic figures. Lowered money rates and reduced brokers loans had no effect. It was generally felt that bear operators were ready and able to force continued lows during the present week...

Author: /time Magazine | Title: Business: Reverse Progress | 6/30/1930 | See Source »

Under the award the U. S. must pay $10,773,000 for seven big ships which long ago disappeared from the sea. Two (President Lincoln and Cincinnati) were sunk as transports in the War. Four (Pennsylvania, Barbarossa, Hamburg and Koenig Wilhelm) have been scrapped. One (Friedrich Der Grosse) burned up in 1922 on the Pacific. The Princess Irene the N. G. L. bought back from the U. S., rechristened it Bremen, changed its name to Karlsruhe when the new Bremen was laid...

Author: /time Magazine | Title: THE CABINET: Ship Bill | 6/23/1930 | See Source »

...Halliburton, a resident of Duncan, Okla., with business headquarters at Tulsa, made considerable wealth in the oil business, sunk a great part of it in "SAFEWAY" lines.† Member of no large group in the industry, he has always been one of the most vocal of the air tycoons...

Author: /time Magazine | Title: AERONAUTICS: Move Towards Mass | 6/16/1930 | See Source »

...painter, philosopher and sprightly sage, famed as "AE." As greatly beloved as any living Irishman, Poet Russell had roused the furies by a pungent critique* of Ireland's secret and romantic brotherhoods as they exist today. A tough old patriot himself, he finds the brotherhoods flabby-muscled, fatheaded, sunk like the Ku Klux Klan in babbittry, bigotry. Wrote he: "The secret societies of a generation ago had for object the freedom of Ireland. There was good reason, too, for their being secret. "All small nationalties submerged in great empires tend to develop a subterranean political life. It is impossible...

Author: /time Magazine | Title: IRELAND: God on Door, Devils in Office | 5/12/1930 | See Source »

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