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Sixty-seven royal males and their females crowded the Moritzkirche. All Germany was agog. This was the first dynastic union to take place on German soil since the Fatherland became a Republic in 1919. King George, who hides his German light under a bushel and has changed his name to Windsor, was not there. Neither were any of his sons. But His Majesty's first cousin, Prince Arthur of Connaught, strode up the aisle in the tight scarlet of a British guardsman. Deposed Kaiser Wilhelm was represented by his grandson Prince Wilhelm, in field grey topped by a steel...

Author: /time Magazine | Title: GERMANY: No Light Thing | 10/31/1932 | See Source »

...free entry for five years to all Canadian products now duty free, reserving the right to impose duties after three years on dairy products; 2) preference to Canada by imposing duties on foreign dairy products, certain fruits, unwrought copper (2d. a lb.), wheat (25. a quarter, or 6¢ a bushel); 3) continuation of the 10% ad valorem duty on foreign timber, zinc, lead, asbestos, fish (Canada had wanted the tariff on timber increased); 4) a ten-year extension of the preference on Canadian tobacco...

Author: /time Magazine | Title: Foreign News: Quids & Quos | 8/29/1932 | See Source »

...just because 1) at the time the money was borrowed with wheat at $3 a bushel, money was cheap, and now with wheat at one-sixth that price, money has far greater purchasing power; 2) while the services and lives of individuals were conscripted during the War, money was not. Cancellation of Liberty Bonds will erase that injustice...

Author: /time Magazine | Title: Letters, Aug. 22, 1932 | 8/22/1932 | See Source »

...bargained for Farm Board wheat to be delivered to his European cartel. Last month he announced the formation of International Commodities Trading Corp., Swiss-chartered, to barter among countries commercially hobbled by foreign exchange restrictions. Last week he concluded his first deal-an agreement to trade 1,000,000 bushels of U. S. wheat and a small amount of cotton for some $500,000 worth of Indo-China zinc and tin. The wheat will be traded on a basis of 50? a bushel at Chicago...

Author: /time Magazine | Title: Business & Finance: Barterer | 8/15/1932 | See Source »

...should decide our Debt action? Besides, these people-yes, our bankers and industrialists-are the ones who most clearly realize what is true-that debts paid now are paid in dollars of far greater purchasing power than the dollars that England and France borrowed when wheat was $3 per bushel. Finally, add up what France and Britain have already paid back and figure out how much better it would be for us to have, from now on. like sums in trade from those countries, so it would come direct to our pockets instead of draining down through the Washington pork...

Author: /time Magazine | Title: Letters, Aug. 8, 1932 | 8/8/1932 | See Source »

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