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"For more than 20 years [we] have been engaged in the petroleum business in Ethiopia. . . . Early this year Mr. Francis M. Rickett of London approached us on the possibilities of negotiating on our behalf a petroleum exploration and development agreement with the Kingdom of Ethiopia. After considerable discussion with Mr...

Author: /time Magazine | Title: INTERNATIONAL: Odor of Oil (Cond'd) | 9/16/1935 | See Source »

For weeks President Roosevelt has been pulled and hauled between two conflicting ideas on cotton loans. Secretary of Agriculture Wallace saw that the 12? loan policy, if extended, would mire the Government in surplus cotton, perhaps sink the AAA in financial failure. Therefore he argued stoutly against any continuation of...

Author: /time Magazine | Title: FARMERS: Poor Prophets | 9/2/1935 | See Source »

Communist Darcy drew even louder cheers by brashly revealing that, after U. S. dock workers' contracts with their employers expire Sept. 20, the U. S. Communist Party expects to foment "strikes of unprecedented magnitude." Asserting that California Communist stevedores enjoy cordial relations with the Communist stevedores of The Netherlands...

Author: /time Magazine | Title: RUSSIA: For the U. S.: Revolution | 8/12/1935 | See Source »

Last week three U. S. Circuit Courts of Appeal, second highest in the land, passed on the constitutionality of three prime New Deal measures, cleared the path to final judgment by the Supreme Court. Two measures went on their way with court curses, one with a blessing. AAA. Taking its...

Author: /time Magazine | Title: JUDICIARY: Curses & Blessing | 7/29/1935 | See Source »

These soups are a synopsis of the National Hearth and I know of no better synthesis wherein all the integrated ingredients acquire a more intimate fusion lor the benefit of the whole. PETER BORRAS

Author: /time Magazine | Title: Letters, Jul. 29, 1935 | 7/29/1935 | See Source »

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