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Dates: during 1930-1939
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...November 1935, 11,000 Thumb farmers were in need of rural electric service: within two years D.E.C. had supplied the needs of approximately half of them. Coop, as a result of its first three years, has extended its services to some 1,500 farmers at current date. It hopes to serve 4,000 to 5,000 when and if effectively established. Co-op rate for 100 kilowatt-hours per month is $5.07; D.E.C. sells 100 kilowatt-hours per month for $3.39. Co-op borrowed $2,000,000 from the Federal Government. It is a fact of irrelevance that D.E.C. paid...

Author: /time Magazine | Title: Letters, Jul. 18, 1938 | 7/18/1938 | See Source »

...Mitchell abroad to arrange a divorce, proceedings of which are now going on in Denmark. "My sum," the terms are Danish the child Count and was a quoted as fantastic said to Mr. Mitchell. The quoter bald, pink-cheeked Solicitor Mitchell himself, sole witness in the case to date. The child, as everyone knew, was two-Lance Haugwitz-Reventlow, now a ward in Chancery. The "fantastic sum" later named by Solicitor Mitchell was $5,000,000, about one-eighth of the esti value of Countess Barbara's fortune...

Author: /time Magazine | Title: Foreign News: Insult | 7/18/1938 | See Source »

...slipped a mere ten years (wish I could do the same) in publication date of How To Tell The Birds From The Flowers. My dog-eared and beloved copy bears imprint of Paul Elder Co., San Francisco and New York, 1907, which year Santa Claus brought...

Author: /time Magazine | Title: Letters, Jul. 11, 1938 | 7/11/1938 | See Source »

...detachment of 2,500 Turkish troops was to enter the Sanjak by agreement with France. There they were to "help" an equal number of French troops to "maintain order" when the often postponed elections are finally held. The date is not set yet. According to Arab sympathizers, the reason the League of Nations Commission's elections were not held was that France had secretly promised Turkey that at least 22 of the Sanjak's 40 assembly seats would go to Turks. Since Turks number no more than 40% of the population, since many Sanjak Turks dislike Dictator Kamal...

Author: /time Magazine | Title: SYRIA: Key Slipped? | 7/11/1938 | See Source »

Main reason for the Bank of America's glowing report was that since 1935, along with such other big U. S. banks as Manhattan's Manufacturers Trust Co. and National City Bank of New York, it has been in the personal loan business. To date Bank of America has loaned more than $200,000,000 for consumer purchases, more than $124,000,000 on FHA loans. Loans to individuals. Banker Giannini believes, are the best of all credit risks-and personal loans pay 5% to 10%, well above the 1% to 3% conservative investments bring. Hence, Bank...

Author: /time Magazine | Title: Business & Finance: Risks and Profits | 7/11/1938 | See Source »

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