Word: corrections
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Dates: during 1930-1939
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Stepping forth from a routine Washington meeting with the heads of the twelve Federal Reserve Banks, Mr. Eccles issued a resounding statement "to correct erroneous interpretations" of his ideas on how to control inflation. It is no secret that Chairman Eccles is alarmed by the current trend of Recovery, particularly the dizzy rise in commodity prices. And after a visit to the White House last fortnight, the Government bond market broke wide-open (TIME, March 22). Hence, the natural assumption last week was that the Reserve Board might be ready to let interest rates seek a higher level. Said...
...impression that I wish to correct is that the American of fairly modest means desiring to view the Coronation must first possess himself of a king's ransom, and then be satisfied to sleep on a billiard table, and I am sure that you will be willing to cooperate with me in removing any such impression that your article may have tended to create...
...George] has found the secret foi perpetual youth, and therefore nobody expects him to play the part of an elder statesman! He has always advocated bold measures. He thinks I am a hard case, but he has not yet convinced me that the remedy he brings forward is the correct one." In suave English political life such words are a slap in the face, and friends of Mr. Chamberlain were in mounting fear last week lest he take the same hobnailed line as Prime Minister, an English job in which suavity is requisite...
...said: 'Art is colossal. . . .'" This is followed by a few brief chapters by the author herself extolling the Columbian World's Fair of 1893, objecting to French moderns, primitive art and such isms as cubism and surrealism. Says she: "Sanity in Art means soundness, rationalism, a correct integration of the art work itself in accordance with some internal logic. We know sanity is often difficult to define, and we also know insanity is often apparent at a glance. ... I have been called an iconoclast, and indeed I am one, in that...
...China, biggest and oldest civilized country in the world, few people can read and write. Of those few, many fewer know the "correct," classical language, in which all Chinese masterpieces have been written, time out of mind. In 1917, when China's civilization began to come rapidly apart, plain speech (pai-hua} began to be literarily respectable, is now the accepted written language for China's literates. To give a sample of what present-day Chinese are reading, Journalist Edgar Snow last week published a translation of 24 pai-hua stories...