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...start with a drop in production were 1928 and 1922. 1931 proved no exception, as last week steel production fell from 57% of capacity to 55%, the first decline of the year. Said Iron Age: "This set-back is not regarded as signifying anything more than exaggerated caution." Steel prices remain firm, highish, but it is well known that naming a price and doing business at it are not the same thing in the steel industry...

Author: /time Magazine | Title: Business & Finance: Index | 4/13/1931 | See Source »

...project has roused much skepticism. Most doleful thought: the sub- marine will be fouled bv ice formed on its rudders and hydroplanes, will be unable to maneuver, will be frozen into any hole she makes in the ice. Warrant for the trip's success lies in Explorer Wilkins' caution, courage, foresight and ability, proved repeatedly through his explorations by sled, ship and plane. Scientific approbation of the proposed submarine excursion comes from the American Geographical Society, the Carnegie Institution, the Norwegian Geographical Insti- tution, the Wood's Hole Oceanographic Institution, the Cleveland Museum of Natural History...

Author: /time Magazine | Title: Science: Polar Polliwog | 3/23/1931 | See Source »

...from Washington are throwing off the bonds of cooperation to give an answer to the demands of the people. But they have wisely refrained from throwing all discretion to the winds in an effort to please the masses. The moderate nature of the acts shows that they realize that caution is necessary in a matter of such a delicate nature as the prohibition question...

Author: NO WRITER ATTRIBUTED | Title: JUST MOIST | 2/12/1931 | See Source »

...those who looked to Governor Roosevelt to take a vigorous lead in cleaning up New York City by means of a legislative investigation were doomed to disappointment. In his message to the legislature he became very enthusiastic about high-minded social reforms in general but backed away with customary caution from the court scandal issue. Said he: ''The responsibility of determining what action shall be taken by you and what justification there is ... rests exclusively and squarely with you. It is not alone your right but your duty to conduct an investigation if you determine that such falls...

Author: /time Magazine | Title: CORRUPTION: Scandals of Tammany (Cont.) | 1/19/1931 | See Source »

...President Hoover predicted surpluses for fiscal 1930 and 1931 (TIME, Dec. 16, 1929). Last week, on the heels of his message on the State of the Union, he sent to Congress an annual Budget Message in which he was forced to revise last year's figures downward, to caution Congress against rash appropriations. His points...

Author: /time Magazine | Title: FISCAL: Three Years | 12/8/1930 | See Source »

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