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...would be borrowed, all Sir John's emphasis was on direct taxation. The guiding principle, he informed his colleagues, would be to impose all the taxes the country could stand. Normal standards of what was popular no longer counted, said he; furthermore, one of his aims was to curtail civilian demands. "There must be restrictions directed against wasteful or unnecessary use of resources, restrictions which limit consumption of a long list of articles, the strictest economy all along the line...

Author: /time Magazine | Title: Foreign News: These Fierce Increases | 10/9/1939 | See Source »

...loomed. Cotton cloth output in March was 48% above the same month of 1938, while production of all U. S. indus-try was up only 24%. By last week, with the warehouses now crammed with 180-190,000,000 yards of unsold goods, the mills were finally starting to curtail operations...

Author: /time Magazine | Title: TEXTILES: Man the Lifeboats! | 5/22/1939 | See Source »

...Freshman class this week has made it patent that these gentlemen do not feel obliged to follow any precepts in the admissions system except their own opinions and prejudices. If their attitude does not change before the second draft is made this year, it will be necessary to curtail their authority with a system of set criteria...

Author: NO WRITER ATTRIBUTED | Title: HOUSE SELECTIONS | 5/12/1939 | See Source »

...Minority Leader Martin took advantage of the week's lull in foreign excitement to bring out a twelve-point program for Business Recovery. Amounting to a platform nucleus for 1940, Joe Martin's planks included: "Keep the U. S. out of war"; curb spending; revise deterrent taxes; curtail the President's monetary powers (see p. 77); amend the Wagner Act; rehabilitate the railroads. A major effort by Joe Martin's House Republicans last week to discontinue the President's power to decrease further the dollar's gold content was defeated 225 to 158. >Received...

Author: /time Magazine | Title: POLITICAL NOTES: Marching Jumbo | 5/1/1939 | See Source »

...that "overwhelming military victories" were insufficient to offset the constant flow of foreign money and materiel into China. In the near future they will: 1) enlist the active assistance of Germany and Italy in bringing "diplomatic pressure" against U. S., French, British and Russian aid to China; 2) sharply curtail the interests of those four nations within China...

Author: /time Magazine | Title: WAR IN CHINA: Silver and Lead | 4/24/1939 | See Source »

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