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Pouncing on the ancient Carmelite monasteries and nunneries which dot the Rhineland and Westphalia, Nazi secret police last week burst in, searched abbots and mother superiors, monks and nuns. One venerable mother superior died of a stroke amid the raids. Next day the Realmgovernment, concealing all details, announced that batches of Carmelites were under arrest for evading Nazi currency control restrictions, smuggling out of the Fatherland some 2,500,000 marks...

Author: /time Magazine | Title: GERMANY: Last Warning! | 4/8/1935 | See Source »

Home for lunch one day last week, Sergeant Jurney answered the telephone, heard Mr. MacCracken offer to meet him at the District of Columbia jail at 3:45 that afternoon. Sergeant Jurney was there on the dot, but not Mr. MacCracken. He drove up at 4 p. m., explaining that he had started out without knowing just where the jail was, lost his way. Lugging well-labeled suitcases, he marched inside the dingy red building, was searched and fingerprinted. Past the cell-block where ordinary jailbirds are cooped he was led into the mess hall reserved for "short-termers," then...

Author: /time Magazine | Title: THE CONGRESS: Senate's Prisoner | 3/11/1935 | See Source »

From 1901, when Steel sprang full-fashioned from the thunderous brow of John Pierpont Morgan the Elder, until 1933, it paid its $7 preferred dividend on the quarterly dot. Then the dividend was cut to $2, and arrears now amount to $36,000,000. A restoration of the dividend would mean only one thing: the presumably sagacious Steel directors were convinced that Steel can earn it and earn it steadily...

Author: /time Magazine | Title: Business & Finance: Corporations | 1/28/1935 | See Source »

...other case was a farmer with a $3,000 mortgage who had been able to pay interest on the dot but nothing on principal for three years. The bank examiner likewise threw it out. The President declared that he himself could sell the farm for $6,000, perhaps $8,000 if he had a couple of months' time...

Author: /time Magazine | Title: Business & Finance: Banking Formula | 9/24/1934 | See Source »

Thousands of service stations operated by more than a dozen major companies dot the roads of small, thickly-populated New Jersey which is one of the most highly competitive oil and gasoline States in the land. Oilmen felt certain that Socony would not be so foolhardy as to build new ones. Rather, they expected Socony to buy up existing chains of small companies and independents. Socony officials denied that they intended to start a price...

Author: /time Magazine | Title: Business: Unbounded Standard | 7/23/1934 | See Source »

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