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This year's Bonus demonstration did not compare in size or spirit with last year's. Bonus sentiment in Congress was at low ebb. The Senate had lately rejected prepayment by a vote of 60-to-28. In the House only 26 members out of the necessary 145 could be found to sign a petition to call up such a measure. President Roosevelt's broad relief program detracted from popular support of a special class demand...

Author: /time Magazine | Title: HEROES: Bonuseers into Camp | 5/22/1933 | See Source »

...serious hush fell over a full Senate chamber as Senator Glass rose to his feet and, against doctor's orders, delivered the only notable speech of the inflation debate. His physical strength was at low ebb. Tears stood in his soft brown eyes. But his words, bitten off out of the corner of his mouth, were edged with their old-time vehemence. . . . After 20 minutes he slumped back into his chair, weak and exhausted. About him crowded inflationists and anti-inflationists, to wring his small hand, praise his courage...

Author: /time Magazine | Title: National Affairs: Glass's Stand | 5/8/1933 | See Source »

...Committee was a bill which would automatically up tariff rates as foreign currencies decline. As a witness on this measure last week Republican Chairman O'Brien of the Tariff Commission split with his President and his party when he said: "Our imports today are at a very low ebb. We're not being flooded by imports. Our relations abroad are already bad enough. If you want an embargo, go ahead and pass this bill." That no last-gasp Republican tariff bill should pass the House was the firm purpose of the Democratic majority...

Author: /time Magazine | Title: THE PRESIDENCY: Sneakers & Rubbers | 2/13/1933 | See Source »

Since the ebb tide of Depression first set in, Wall Street bankers have united often in mighty efforts to impound the waters of deflation. Spurred on by Governor Eugene Meyer of the Federal Reserve Board, big New York banks combined again last week under the leadership of President Mortimer Norton Buckner of the Clearing House Association to launch the long-debated $50,000,000 Commodities Finance Corp. (TIME, Aug. 15). Though dubbed "the commodity pool" in its rumor stage, C. F. C. will purchase no commodities. It will conduct a financing business along strict banking lines. Banker Buckner defined...

Author: /time Magazine | Title: Business: Co-operative Credit | 8/29/1932 | See Source »

...this point the food supply reached lowest ebb. The Red Cross provided 9,000 Ib. of Farm Board flour, but that did not go far to fill the stomachs of nearly 20,000 men, among whom twelve cases of dysentery were discovered. General Pelham Glassford produced the last few dollars in the B. E. F. treasury and renounced his stewardship. George Alman, leader of the 500 Communist veterans, was heard to remark: "I know where there are warehouses bursting with food in this town. I'm going to march the boys down there and let them help themselves...

Author: /time Magazine | Title: HEROES: To Hell With Civil Law! | 7/11/1932 | See Source »

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