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...York Herald Tribune. And most disinterested observers agreed that the President had jacked up the price of silver principally to forestall a silverite assault in Congress. However it was a trivial sop. U. S. producers nowadays turn out only about 26,000.000 oz. of silver a year and their bonus from the price increase will be less than...

Author: /time Magazine | Title: MONEY: 71 | 4/22/1935 | See Source »

...output, boosted the world price for silver until last week it topped 64?. When it did so U. S. producers who had been getting 64½¢ all along ceased to receive any better price than any other producers. Hence the new price to give domestic producers a new bonus...

Author: /time Magazine | Title: MONEY: 71 | 4/22/1935 | See Source »

Bethlehem Steel's meetings have never been routine since shareholders learned that President Eugene Grace once received a $1,600,000-bonus for one year's work. Bethlehem's bonus plan has since been modified, and today Mr. Grace is paid a straight salary of $180,000 per year. But old Chairman Charles Michael Schwab now gets his $250,000, good years or bad, and when the Bethlehem stockholders met in Newark, N. J. last week, the aging founder, present but not presiding, bore the brunt of the complaints. Loyally defending his chief from the chair, President...

Author: /time Magazine | Title: Business: Shareholders & Salaries | 4/22/1935 | See Source »

Your kindly and understanding comments about General MacArthur will be especially pleasing to those who have taken the trouble to ascertain the facts about his handling of the 1932 Bonus Army. For doing a job well which he was ordered to do, for doing it in person which he need not have done, he has taken a great deal of criticism in silence, like the fine soldier...

Author: /time Magazine | Title: Letters, Apr. 8, 1935 | 4/8/1935 | See Source »

...House ditched (207-to-204) a bill by Kentucky's Vinson for the Treasury to raise money catch-as-catch-can to pay off the Soldiers' Bonus, passed (318-to-90) and sent to the Senate a bill by Texas' Patman to pay off the Bonus in greenbacks...

Author: /time Magazine | Title: THE CONGRESS: Awakening | 4/1/1935 | See Source »

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