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...itself, Petain expounded totalitarian economic theory in the form of three basic principles: 1) organization of professions on a corporative basis within which elements of enterprise can thrash out their difficulties; 2) arbitration by the State of all disputes otherwise incapable of settlement; 3) State control of corporations to adjust national production in accordance with domestic markets and the possibilities of foreign trade...

Author: /time Magazine | Title: Foreign News: No More Monkeying | 9/30/1940 | See Source »

...When Roosevelt tried to adjust the internal affairs of the United States to a sick world, they fought him at home as Hitler fought him abroad. Some of the bitter attacks on Roosevelt's program were directly inspired by the agents of Hitler in this country. Others were merely blindly partisan. But, whatever the motive, the effect was the same-these attacks on Roosevelt and his program played into the hands of Hitler. Every evidence of opposition to Roosevelt within the United States has been reason for rejoicing in Berlin...

Author: /time Magazine | Title: DEMOCRATS: How to Combat Hitler | 9/9/1940 | See Source »

...island which then disappeared, said he, its lack would not hurt the world economy. For in the new world economy the dominant currency would be the Reichsmark, whose value, as at present, would be "assigned to it by the State." And if the U. S. wishes to adjust itself to the Nazi system, it must lower the dollar price of gold (revalue its currency upward) so that gold will flow out of the U. S., and goods flow...

Author: /time Magazine | Title: FOREIGN TRADE: Blood Over Gold | 8/5/1940 | See Source »

...other hand, our universities and industries probably employed less than $5,000,000 in research funds to study the effect of rapid change on men and on human society or to discover how men in industry and agriculture can successfully adjust themselves to change...

Author: NO WRITER ATTRIBUTED | Title: STREAMLINED FORMAT USHERS IN MORE ACTIVE BULLETIN | 5/18/1940 | See Source »

Next year, oil's flexible refining technology will be used with a more alert weather eye to adjust fuel oil-gasoline ratios more nearly to fit demand. Oilmen can only wait to see what war will bring by way of an export market. But always dependable are U. S. motorists; last week their demand for gasoline was up about 6% over 1939. Yet oilmen still had small reason to hope that rising U. S. consumption would knock the hump out of gasoline's inventory curve. Nor were war and winter alone to blame. More important than either...

Author: /time Magazine | Title: OIL: Overproduction in Illinois | 5/13/1940 | See Source »

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