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Leon Henderson was helpless. Most cotton mills last week were ignoring the retroactive feature of OPACS' price ceilings on gray goods, were billing at the old higher prices. Some furniture makers were still defiant of "jawbone" price control, as Chrysler had been (TIME, July 7). The price of cotton rose 3/4? to 15.21? a pound, a new eleven-year peak. Commodity price indexes paused on their upward flight, but briefly. Montgomery Ward's big fall & winter catalogue came out with 70% of the items showing higher prices than last spring, and a hedge clause on all prices...

Author: /time Magazine | Title: Friends of Inflation | 7/21/1941 | See Source »

...that was changed last week. The Robin Moor sinking, and the defiant statement with which Nazi officials followed it up, made it clear that Axis reprisals were coming. So Franklin Roosevelt took the step...

Author: /time Magazine | Title: National Affairs: Door Bolted | 6/23/1941 | See Source »

...door a shot rang out. The officer jumped behind a tree, sent for reinforcements. Around 10 o'clock in the bright starlit night, a huge force-14 State troopers and local policemen, eleven civilians-had assembled to demand that the gunmen surrender. There was the classic defiant answer, less frightening than it would have been if the boys' voices had not been changing: "If you want us you'll have to come get us. And you'd better bring an army with...

Author: /time Magazine | Title: CRIME: Shooting Scrape | 3/10/1941 | See Source »

...Defiant Grower Johnston did not say that the Government should be the goat forever. But, comparing surplus cotton stocks to a strategic-materials stockpile, he intimated that the Government might sell the cotton abroad at a profit after the war. (He recalled that after World War I the foreign cotton market soared.) He also placed faith in the Council's fight for greater domestic consumption. He even preached cotton hosiery. When he reproached American girls for running around with silk stockings "like yellow-legged pullets," the wife* of a retired broker named William Henry Wallace Jr., sitting...

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

Party. On the sixth ballot at Philadelphia, when the triumphant galleries still shouted "We want Willkie!," when Thomas Dewey had released his delegates and Wendell Willkie had won the Republican nomination, came one last, defiant Illinois Dewey vote. It was cast by Delegate Robert Rutherford McCormick, publisher of the Chicago Tribune, die-hard isolationist, the New Deal's bitterest journalistic enemy. Last week the bitter hate-filled Chicago Tribune read the Republican candidate out of the Republican Party: "Mr. Willkie entered the Republican Party as a mysterious stranger, suddenly and to the astonishment of thousands of the party members...

Author: /time Magazine | Title: REPUBLICANS: Critical Collaboration | 1/27/1941 | See Source »

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