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...take this opportunity to call your attention to the fact that the Bellanca low-wing monoplane "The Dorothy" used by Captain Mollison was not purchased with the idea in mind" of entering it in the Johannesburg Air Race. The deposit on the aircraft was received on Sept. 10 and Captain Mollison arrived in the U. S. the latter part of September, first coming to our factory on the 28th. The Johannesburg Race started at dawn from London on Sept. 29. The delivery date given Captain Mollison when placing the order was October 15; our pilot tested the machine...

Author: /time Magazine | Title: Letters, Nov. 30, 1936 | 11/30/1936 | See Source »

...Houses expressed himself as being in favor of a credit union plan similar to the one in effect at Fileno's and other department stores. By this system an employee is able to secure a life insurance policy at a greatly reduced premium, and also may voluntarily deposit part of his weekly savings and receive a greater amount of interest than a bank can pay on similar deposits...

Author: NO WRITER ATTRIBUTED | Title: EMPLOYEES THINK NEW PENSIONS UNNECESSARY | 11/18/1936 | See Source »

...skull. Dr. Aberdeen Orlando Bowden, head of the University of Southern California's anthropology department, pronounced it that of a 70-year-old woman with a long, narrow head. Dr. Bowden stated that the skull could not possibly be an "intrusion" since it was under a 13-ft. deposit of clay, referred it definitely to glacial times, put its age tentatively at 30,000 years. "The Ballona Woman," he wrote, "gives a more conclusive proof than any yet found of very early prehistoric man in America." He found remains of a Pleistocene elephant nearby...

Author: /time Magazine | Title: Science: Diggers | 11/16/1936 | See Source »

Year ago when the permanent plan went into effect, Banker Nichols grudgingly put the "Member Federal Deposit Insurance Corporation" legend on his bank statements as required by law. Under the legend he once wrote in appalling taste: "A thousand-and-more years before our Country's famous Hyde Park tenor made his premier appearance in front of the microphone, the principles underlying sound banking existed. They will always exist-not even the melodious croonings of an embittered and frustrated President can change them...

Author: /time Magazine | Title: Business & Finance: Englewood Exhibitionist | 10/19/1936 | See Source »

...Nichols made what looked like his last possible grandstand play short of shutting down completely. Down to the Chicago Federal Reserve Bank he marched, drew out some $2,500,000 in cash and Government bonds, leaving only the $639,700 legally required as backing for his $5,806,463 deposits. Then he stuffed the $2,500,000 into safety deposit boxes in two Loop banks. Blustered he: "Now the politician will have to think up a new idea before he can get his hands on this money." Reason Banker Nichols can do anything he likes at his bank to make...

Author: /time Magazine | Title: Business & Finance: Englewood Exhibitionist | 10/19/1936 | See Source »

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