Word: austria
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Dates: during 1920-1929
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Other Nations: Montagu Collet Norman, Governor, Bank of England;* Dr. Hjalmar Schacht, President, German Reichsbank; Nicola Pavoncelli, Chairman, Bank of Italy;** and the presidents of the state banks of the following countries with a large contingent of financiers from each: Austria, Belgium, Czechoslovakia, Denmark, the Netherlands, Hungary, Norway, Poland, Sweden, Switzerland...
...Vienna. As he passed through gloomy corridors only the sharp-eyed saw at this seeming-priest's throat the purple rabat of a monsignor. None the less all present bowed with respect to Mgr. Ignaz Seipel. He had just been created?for the second time;? Chancellor (Premier) of Austria. He is thus at present the sole Christian prelate to head a civil government...
Political Paradox. Mgr. Seipel (Christian Socialist) succeeds as Chancellor, Dr. Rudolf Ramek, also a Christian Socialist. Not only is the new Chancellor of the same party as his predecessor, but they are both agreed on the fundamental policy of resistance to the incessant demands of Austria's organized state employes for higher...
...Austrian provinces v. pan-Austrian "centralism." Dr. Ramek, leader of the former group, waxed potent two years ago, and usurped the Chancellory (TIME, Dec. 1, 1924) from Mgr. Seipel, Chancellor then as now, when the latter was under fire (TIME, Nov. 17, 1924) for not raising the salaries of Austria's state-employed railway workers...
...Rhine, get into the Danube and debouch upon the Black Sea? The key link is the Ludwig Canal, begun by Charlemagne 1,200 years ago. With 101 locks in 107 miles it climbs out of Bavaria through the clouds of the Frankischer Jura mountains and deposits you in Austria. . The German Consulate at London had never heard of it Dutchmen were dubious about its continued existence. But Skipper Farson's faith was great. With a crew of one (his wife) and high credentials from the Chicago Daily News he braved the uncertainty in a 26-foot power yawl...