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standard, 34 by 1933. "Buy British" became the Empire slogan. The New York Stock Exchange's new long-term foreign issues shrank from 1928's billion dollars to 1932,s nothing. England went off gold. In the U.S. men sold apples on street corners; the Bonus Army marched on Washington. Into power in Germany came a nervous, harsh-voiced, twisted genius named Adolf Hitler. Economic nationalism, forced into full flower by the Smoot-Hawley Tariff, became the physical basis for the ideology of Fascism. The lines were written, the stage was set for World...

Author: /time Magazine | Title: THE CONGRESS: Death of a Woodcutter | 8/4/1941 | See Source »

...playwright, he reported the trial of the Maxwell-Preller murder case, which started out with a corpse in a trunk in the Southern Hotel, wound up with the hanging of an Englishman named Arthur Maxwell three years later. For their work on the case, Johns and Thomas got a bonus of $2.50 apiece. Once he sat beside the driver of James G. Elaine's coach all day, overheard enough of the conversation inside to write probably the most complete story of a day in the life of a candidate ever put together...

Author: /time Magazine | Title: The Press: Broken Link | 7/28/1941 | See Source »

...spurs a man on," says famed, florid George Washington Hill of the famed, fat bonus system of his American Tobacco Co. It also spurred on minority stockholders to litigation. Last week New York Supreme Court Justice William T. Collins ordered Hill and four vice presidents to pay back $2,018,033 bonus overpayments. Reason: not the principle of the thing but a technicality (certain subsidiary profits should have been excluded from the bonus calculations...

Author: /time Magazine | Title: MANUFACTURING: Costly Praise for Mr. Hill | 6/9/1941 | See Source »

Hill's bonus plan earned the Judge's approval, and so did Mr. Hill. Said he: "Hill is an able, astute, aggressive executive . . " [who] has steered the company profitably...

Author: /time Magazine | Title: MANUFACTURING: Costly Praise for Mr. Hill | 6/9/1941 | See Source »

When the Navy last week conscripted the luxury liner America, it left the venerable U.S. Lines without a single passenger ship. But at the company's offices in lower Manhattan there was no mourning. The atmosphere was more like a carnival. Everyone got a 10% bonus (based on last year's pay). Passenger-department clerks were told they would be kept on. After work there was a rush to nearby bars...

Author: /time Magazine | Title: SHIPPING: Economics of the America | 6/9/1941 | See Source »

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