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...point where American industries would be destroyed." He had voted against the reciprocal trade bills, he said, because he thought they gave the President too much discretion. It was for this discretion that ex-Secretary of State Hull had fought so long & hard, believing that presidential power to adjust tariffs was a prime necessity for the horse-trading required between nations. Hull's underlying objective had been freer trade. Republican leaders evidently intend to 1) reassert Congress' prerogatives, 2) put on the brakes...

Author: /time Magazine | Title: THE CONGRESS: With a Rubbing of Hands | 11/25/1946 | See Source »

Thus each recurring fall classic adds to the legend of this gridiron affair, and generation after generation of Crimson football players must adjust to the outsize importance of the game. The postwar crop of athletes, as it would appear from reports from other parts of the nation, no longer is willing to shed that last drop of blood in the Homecoming Battle, preferring to eke out a successful record for their team week by week. Locker-room strife at Indiana and Ohio State has been laid to just such indifference of the local "Yale" rivalries. The fact that Dick Harlow...

Author: NO WRITER ATTRIBUTED | Title: Monday Mourning | 11/25/1946 | See Source »

...Tune. There was some chance it might be, if the drop in prices brought out enough hoarded cotton goods. There was little doubt that large quantities (one estimate was 1,000,000,000 yards) had been held back in hope of higher prices. OPA had been required to adjust the price of cotton goods upward every month, in line with the rise in raw cotton. This month, for the first time in months, OPA has not had to raise the price. Now, in fear that the peak had been passed, manufacturers were disgorging...

Author: /time Magazine | Title: COMMODITIES: The Big Shake-Out | 11/11/1946 | See Source »

...Common Aim. ". . . At every international conference," says Nicolson bluntly, "it is the duty of a Minister, first o defend and further the interests of his jwn country, and secondly to adjust those nterests to the requirements of the community of nations." Alexander, Metternich, Castlereagh-the Big Three-were no more "cynical or selfish . . . than their successors of 1919 or 1946. Their common aim was to secure the stability, and herefore the peace, of Europe...

Author: /time Magazine | Title: Books: How to Fight a Peace | 10/28/1946 | See Source »

This week, in a sermon called "Communist Dynamics and the Hope of Peace." the onetime Methodist minister drew a badly needed, clear-cut line between liberalism and Communism. Said he: "Communism is a sincere but psychopathic attempt to adjust the life of man hurriedly to the world of the machine. . . . Its fatal defect is that wherever its principles are applied man loses and the machine wins. This is inherent in the nature of Communism because its faith is not in man but in social mechanics...

Author: /time Magazine | Title: Religion: Unrepentant Liberal | 10/7/1946 | See Source »

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