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...Bunyan, too, despite that hero's carelessness in mistaking the great scribe's supply of fresh-sharpened pencils for a pine forest and having them all chopped down. One of the very first reforms that Johnny Inkslinger proposed in Old Paul's camp economy was to diminish the loggers' rations and build some ships and send the surplus produce from Old Paul's great supply farms to European markets. Old Paul did not adopt this idea because, as he said in an historic phrase, "A logging crew works on its stomach." But he did listen...

Author: /time Magazine | Title: HUSBANDRY: The Labors of Legge | 8/4/1930 | See Source »

...industry sagged last week under the steady pressure of depression, a new one finished a phenomenal first half-year, looked forward to acceleration during the next six months. Furnishing no basic commodity or luxury product, it helps supply the one U. S. demand which no depression can diminish-the demand for new amusements...

Author: /time Magazine | Title: Business: Tom Thumb from Tennessee | 7/14/1930 | See Source »

High duties will prevent foreign nations from selling to the U. S. This will reduce their income, hence their buying power, hence their purchase of U. S. goods. U. S. export trade will diminish, with a consequent decline in U. S. production, employment, profits...

Author: /time Magazine | Title: THE TARIFF: PL R. 2667 Compromise | 6/2/1930 | See Source »

Democratic delight at having put Claudius Hart Huston. Chairman of the Republican National Committee and President Hoover's friend, into a bad hole by exposing his stock trading on lobby funds, began to diminish last week (TIME. March 31). The reason: Republicans were actively on the move to put John Jacob Raskob, Chairman of the Democratic National Committee, in almost the same hole. If both party leaders were thus beclouded, the political score would be evened...

Author: /time Magazine | Title: National Affairs: Raskob's Turn | 4/7/1930 | See Source »

...more than express an opinion qualified by admitted ignorance upon certain portions of the evidence. Such an opinion is worth no more than the judgment of the men who form it and can be accepted for no more, no less. We realize that admitted ignorance has a tendency to diminish the value of expression in the eyes of those who prefer to be told in positive terms what they should and should not think. It enhances the value of such opinion in the eyes of those who view the problem intelligently as one too large and too complex...

Author: NO WRITER ATTRIBUTED | Title: By Their Guns | 3/28/1930 | See Source »

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