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...saying, "Germany cannot pay." His manner bristled with the confidence that this conclusion would be reached by anyone not a nincompoop. Hour after hour the U. S. Chairman of the Committee, Owen D. Young, sat slightly reclined, with his long lawyer-legs comfortably crossed. He puffed a pale cigar. He let Dr. Schacht talk...

Author: /time Magazine | Title: Foreign News: Iron Man & Velvet Glove | 2/25/1929 | See Source »

...clock at Belle Isle was the hour. Smith skipped his breakfast to make it on time. With care he picked his Mtire?silk-faced cutaway, striped trousers, silk-topped patent leather button shoes, semi-formal overcoat with velvet collar. One hand picked up a cane; the other put a cigar in a mouth corner. The Brown Derby, above all, was set at an undefeated angle. Away streaked the baby-blue Rolls-Royce, minus any hooting police-escort. Cushioned snugly at Mr. Smith's 'elbows were Mr. Raskob and William L. Kenny, vacation playmates...

Author: /time Magazine | Title: National Affairs: Hoover & Smith | 2/11/1929 | See Source »

American International Co. $ 6.24 Atlas Powder Company 6.50† Bethlehem Steel Checker Cab Mfg. Corp. Detroit Edison Du Pont de Nemour & Co. Erie Railroad General Cigar Co. Inc. Gillette Razor Hudson Motors National Biscuit Packard Pore Marquette R J Reynolds US Steel Corp. Ward Baking Corp.** Western Union Woolworth Wrigley

Author: /time Magazine | Title: Business & Finance: 16.66X | 2/11/1929 | See Source »

...usual industrial concern generally has little difficulty in assuring himself of the tangible properties back of his engraved certificates. A Pennsylvania Railroad stockholder can visit almost any eastern railroad station and watch his stock come clanging in. A Radio Corporation stockholder can hear his stock coming out of any cigar-store loudspeaker. Yet the type of corporation which is the outstanding feature of today's investment world has physical assets consisting chiefly of office equipment. This corporation is the Investment Trust?a company formed to trade in the stocks of other companies, a company whose stock is backed only...

Author: /time Magazine | Title: Business: Investment Trusts | 2/4/1929 | See Source »

Another ritual the author witnessed: garbed as half man, half woman in a ruffled shirt, cutaway coat, silk hat, and cigar stub, Papa Nebo, an hermaphrodite, wrought mysteries with corpses, pronounced the oracle of the dead. Other corpses, zombies, worked in the cane fields, strictly supervised. To a white they seemed rather like gaunt imbeciles with their keeper. But how was it that often blacks had seen their relatives buried, only to find them weeks later in servitude as zombies? In the criminal code Author Seabrook found the weird explanation. Such are the African intimacies that share popularity with Roman...

Author: /time Magazine | Title: Books: Goat Moaned, Girl Bleated | 2/4/1929 | See Source »

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