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Since inflation means hard times for the bond holder, the traditional hedge is to buy stocks and real property. Ultimately such equities will rise in proportion as money is devalued. Columbia, for instance, has shown beyond cavil the wisdom of owning land. Not only have they milked their mid-town properties in Manhattan of fat yearly rents, but rising values have increased their original investment many fold. The trustees of Harvard should take a long thought about such forms of protection when they start investing their newly acquired millions...

Author: NO WRITER ATTRIBUTED | Title: BUILDING A BREAKWATER | 2/14/1936 | See Source »

Southerners may wonder that so amiable and intelligent a Negro as Mose should blunder into such devilish complications, or provoke such vicious enemies, but they are not likely to cavil over Author Rylee's understanding of the peculiar problems of Southern life. Indeed, Author Rylee finds the central motive for Mary's persistent effort to free Mose, for Rutherford's brief acceptance of his social responsibility, in their profound love of the South and their hatred of those who would dishonor it. Passionately Mary denounces the decent people of Clarksville for their acquiescence to such crimes...

Author: /time Magazine | Title: Books: Mose of Mississippi | 7/1/1935 | See Source »

...play it seems rather a pity that one man, and it really was one man, should have been able to prevail over the desires of a considerable, intelligent population. Boston's prohibitors permit Minsky to run without let while they ban Strange Interlude and Within the Gates. They cavil at Rabelais and Joyce while smiling tolerantly (and probably reading themselves) Smokehouse Monthly. The Specialist perhaps had a bigger success in the Athens of America than anywhere else...

Author: /time Magazine | Title: Letters, Feb. 18, 1935 | 2/18/1935 | See Source »

...promised to do and all the things he did do might not be for the country's good in the long run -but what he did do seemed so much better than the deeds of any other single citizen in the land that only the narrowest partisan could cavil at his popular selection...

Author: /time Magazine | Title: National Affairs: Man of the Year, 1934 | 1/7/1935 | See Source »

...seem ungracious of me to cavil at your interesting notes on the election of General Evangeline Booth [TIME, Sept. 10], for I know full well that TIME has a warm corner in its editorial heart for The Salvation Army. But for the sake of the record let me point out that, far from being "the implacable foe of General No. 3, Edward John Higgins," Evangeline Booth has shown by her actions of the last five years that General Higgins has no more sincere friend and loyal supporter than the General-elect...

Author: /time Magazine | Title: Letters, Oct. 1, 1934 | 10/1/1934 | See Source »

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