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...oats, barley, flaxseed, cotton; but wheat, rye, white and sweet potatoes, hay, peaches, apples showed a decrease. The 1923 wheat crop is estimated at $780,771,000 compared with $884,412,000?a loss of over $100,000,000. It is apparent that not all American farmers are going bankrupt, despite the alarming views of their situation taken by so many aspiring politicians just...

Author: /time Magazine | Title: Crop Forecast | 7/23/1923 | See Source »

During the recent investigation of the bankrupt Manhattan brokerage firm of Kardos & Burke, the most notable witness was the junior partner, John Burke, thrice Governor of North Dakota and Treasurer of the United States under the Wilson administration. Mr. Burke waived immunity to come from Montana to testify concerning his part in the operations of the firm. He told a pitiful tale of ignorance concerning the affairs of the notorious bucket-shop of which he was a partner, and concerning the results of its failure upon his personal fortune...

Author: /time Magazine | Title: Business & Finance: An ex-Treasurer | 7/23/1923 | See Source »

...Bankrupt Europe-particularly her bankrupt aristocracy-sees her priceless art treasures slipping from her grasp by those pitiless economic forces which have made New York the financial capital of the world. The alarming inroads have roused Governments. Lord Curzon in a public speech said many valuable works in Britain's private libraries were crossing the Atlantic. American imports of paintings, etchings and antiques from London only for the first six months of 1923 were $3,716,644, and will probably exceed $8,000,000 for the year. Sir Wilfrid Hart Sugden, Unionist M. P. for Lancashire, broached the subject...

Author: /time Magazine | Title: Art: England vs. U. S. | 7/16/1923 | See Source »

...Tracy group stress the desirability of retaining for the Company the services of Mr. Willys, and its plan is endorsed by J. P. Cotton, counsel for the first preferred stock-holders of the bankrupt concern. The Thompson faction is assisted by the investment banking firm of Dillon, Read & Co., Manhattan...

Author: /time Magazine | Title: Business & Finance: Control of Willys-Overland | 7/16/1923 | See Source »

Liberals," said The New Republic, " what do you want? . . . Both old parties are intellectually bankrupt, twin ghosts, empty of meaning, devoid of conviction?the outs and the ins. Somebody, some day, is going to blow them into new life ?or into smithereens...

Author: /time Magazine | Title: For Liberals Only | 6/25/1923 | See Source »

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