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...Last autumn Secretary of the Treasury Morgenthau charged Publisher Bowles with hoarding $94,860 in gold. The publisher contended that the gold was in escrow, with the Government's knowledge, to pay for newsprint imported from Finland. Last month the Treasury settled the case, had the charge dismissed...

Author: /time Magazine | Title: The Press: Springfield Surprise | 5/27/1935 | See Source »

Such educators had their eyes, last week on Vanderbilt University at Nashville, Tenn., where old Chancellor James Hampton Kirkland seemed about to give the Chicago plan a new twist. Next autumn, he announced, the last two years of the college will be cut adrift from the first two, moored to a graduate school under a single dean. The first two years could scarcely become anything but a junior college...

Author: /time Magazine | Title: Education: 8-4-4 v. 6-4-4-2 | 5/27/1935 | See Source »

Whether or not EPIC was a going or gone concern, last week's election served to turn the nation's eyes back to the Golden State. What had happened since those hectic days last autumn when fey-eyed Gubernatorial Candidate Sinclair had half the people in his State, and not a few outside, scared to death of his political Utopia (TIME, Oct. 22)? More specifically, what had happened to Republican Frank Finley Merriam, the champion who defeated...

Author: /time Magazine | Title: CALIFORNIA: After EPIC | 5/20/1935 | See Source »

...Argonaut simultaneously performed a miraculous journalistic somersault. The paper which had hailed Governor Merriam last autumn as "a symbol of strength, progress and stability of traditional growth" now declared: "Would Upton Sinclair have done worse in the gubernatorial chair than the man who defeated him? It may well be doubted. He might even have done better, for he has an atom or two of genius in his composition while all one can discern in Merriam is cobwebs from an empty skull. Heaven help us before we perish from the folly of having chosen such a man as Governor...

Author: /time Magazine | Title: CALIFORNIA: After EPIC | 5/20/1935 | See Source »

...Street. Kuhn, Loeb & Co. had helped Mr. Fink build his strategic plant in a bottomless swamp on the Detroit River, thereby confounding more orthodox steelmen who for more than engineering reasons freely predicted that his mills would sink out of sight. When Mr. Fink called with his friends last autumn, the Kuhn, Loeb doors were open. Inside, the triumvirate was greeted by Partner Lewis Lichtenstein Strauss (pronounced straws), who is something of an authority on the steel industry and the specialist- insofar as Kuhn, Loeb has specialists-in industrial financing...

Author: /time Magazine | Title: Business: Kuhn, Loeb at Work | 5/20/1935 | See Source »

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