Word: crux
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Easy money is no doubt the crux of the present situation. It is alleviating the inevitable shock of a liquidation of real estate and rentals. It is carrying many industrial concerns which have been sick ever since 1920 and are even sicker today. It is facilitating railway and utility mergers, and European recovery. But unless it leads to inflation, American business remains distinctly spotty. The Kansas farmer this year is in luck, while the textile-mill operator of New England is distinctly out of luck. The time for the average business man to shut his eyes and dive...
...accomplish little as long as the Ruhr, the great factory center of the whole nation, is sewed up in the hands of the French, and every bit of capital which the weak German government can tax out of its people must be handed over to France for reparations. The crux of the whole matter is the impossible size of the reparations bill. France has refused to allow this vital matter to be touched because thirty-three billions of dollars means to her security, her only security. Little of real value can be done until this bill is radically scaled down...
...crux of the situation lay in the question: Is Greece to have a Republican constitution? Advised by Britain, Yugo-Slavia and Rumania not to discard the present dynasty on account of its important connections with the Balkan Powers,* Dictator Colonel Gonatas and his Government tried to quiet down the opposition by abolishing the press censorship, promising the abolition of martial law after the trial of those arrested in a recent revolt, appointing Foreign Minister Apostolos Alexandris as delegate on the Reparations Commission. Republican sentiment, however, refused to be appeased so easily and the clamor for a change...
...there seem no other adjectives for Chicken Feed-it is just one of those nice, clean plays about married life in a small town that inevitably bring up the mention of The First Year. Only this time it's the dozenth year instead of the first. And the crux comes when the wives concerned, growing weary of always having to ask their husbands for another dollar for the milkman, demand a 50-50 split of the family income, if they have to strike for it. They do strike. The husbands, left alone, get egg all over the place...
...Deutsche Allgemeine Zeitung, Stinnes Berlin daily, after being suspended for three days (TIME, Aug. 27), decided to support Chancellor Stresemann. It said that the Chancellor's speech went straight to the crux of the Franco-German issue?does France want reparations or the Rhine? Even the Nationalist press (Monarchist) points with pride to the Chancellor's emphatic defence of German sovereignty...