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...witnesses were nearly all defeatist about British chances or fearful of provoking Hitler. Two predicted civil war if the U. S. went to war for England. One, Dr. Charles Clayton Morrison, editor of The Christian Century, most vigorously intellectual Protestant religious magazine, and a leading third-term opponent, said that the bill was a "blueprint for dictatorship," equivalent to a declaration of war; accused the President of scaring the people, and declared: "Such a war will not be America's war. It will be the President's war. America has never fought a President...

Author: /time Magazine | Title: THE CONGRESS: 260-to-165 | 2/17/1941 | See Source »

...Clayton. Farmer Johnston once did an able job for the New Deal. From 1934 to 1937, as the liquidator of the old Hoover Farm Board cotton surplus, he managed to unload some 2,500,000 bales on the market without once breaking the price below 12?. In the process, he made the Treasury a fat profit in futures, and infuriated Broker Clayton who, for the first time in years, had to watch someone else make the market. Johnston also got $363,002,57 in AAA checks for the acres he abandoned from...

Author: /time Magazine | Title: COTTON: Red Hose In the Sunset | 2/10/1941 | See Source »

...Will Clayton spoke for only 20 minutes (subject: Democracy and Cotton) and he spoke to the point. His quarrel with the New Deal was with its attempt "to peg the world price" of cotton-i.e., to keep the price of U. S. cotton above the Brazilian, Indian and Egyptian level, thus stimulating foreign production and killing for good any remaining foreign market for U. S. cotton. Broker Clayton's speech was a straight plea for old-fashioned world free trade. Like Cordell Hull, Free Trader Clayton saw"the menacing power of Hitler" as the No. 1 obstacle...

Author: /time Magazine | Title: COTTON: Red Hose In the Sunset | 2/10/1941 | See Source »

Once Hitler is beaten, Clayton implied, the world markets of yesteryears will return. Delegates liked the simple militancy of Clayton's stand. When he finished, ebullient, French, red-stockinged Mrs. Wallace jumped up and kissed him on the left cheek...

Author: /time Magazine | Title: COTTON: Red Hose In the Sunset | 2/10/1941 | See Source »

Almost pure New Dealery, Mr. Comer's visions of a postwar cotton belt were more complicated than idealistic Mr. Clayton's or earthy Mr. Johnston's. But between the three of them, they mapped on cotton's dismal present all its alternatives for years to come...

Author: /time Magazine | Title: COTTON: Red Hose In the Sunset | 2/10/1941 | See Source »

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