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...mystical, reasons why Herr Hitler grabbed the Almighty's mantle so precipitately last week. In one fundamental sense it was a simple bank-robbing act. Germany, which must buy important raw materials outside her borders, needs real money. Germany reports about $29,000,000 in gold left (some esti mates: as high as $200,000,000). Czecho slovakia, an exporting country, had $80,000,000 in gold in its national bank, enough to offset Germany's adverse trade balance for a few months, and about two and a half times that much in foreign assets and ex change...

Author: /time Magazine | Title: INTERNATIONAL: Surprise? Surprise? | 3/27/1939 | See Source »

...Mitchell. The quoter bald, pink-cheeked Solicitor Mitchell himself, sole witness in the case to date. The child, as everyone knew, was two-Lance Haugwitz-Reventlow, now a ward in Chancery. The "fantastic sum" later named by Solicitor Mitchell was $5,000,000, about one-eighth of the esti value of Countess Barbara's fortune...

Author: /time Magazine | Title: Foreign News: Insult | 7/18/1938 | See Source »

...last week, the bill received its first major attack from within the Administration. Before the House Interstate Commerce Committee, Assistant Secretary of Commerce John Dickinson, no Wall Streeter, denounced it as entirely too drastic, predicted "disastrous" results if passed in its present form. Particularly he lashed the margin requirements, esti mating that $380,000,000 of unlisted securities would be dumped from brokerage accounts, and another $350,000,000 of listed stock would have to be liquidated to satisfy the 60% margin. Such wholesale liquidation, he warned, might reverse the upward curve of business. Like Ferdinand Pecora, Mr. Dickinson knows...

Author: /time Magazine | Title: Business: Second Draft | 3/19/1934 | See Source »

Astute Manhattan Attorneys Samuel Untermyer and Arthur Garfield Hays and astute Clarence Darrow of Chicago took up the case of a purported next-of-kin to the late Ella Virginia von Echtzel Wendel, the bulk of whose estate (esti mated $50,000,000 to $75,000,000) was left to charity (TIME, March 23 et seq.). On behalf of the claimant, one Rosa Dew Stansbury, small, 74-year-old spinster of Vicksburg, Miss., they sought to have set aside a waiver which she had signed for $1,000 without benefit of counsel; the fight began when Lawyer Hays obtained...

Author: /time Magazine | Title: People, Oct. 5, 1931 | 10/5/1931 | See Source »

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