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Sirs: Your statement (footnote to the article on p. 57 of your issue of Nov. 6, with reference to the Administration's attempt to ease bank credit by increasing the capital funds of the nation's banks) that "the New Deal does not frown on evasions of the law if they happen to suit its purposes," although doubtlessly true as a generality, is wholly gratuitous as an explanation of the acceptability to the R. F. C. of $25,000,000 of the "capital notes" of Manufacturers Trust...

Author: /time Magazine | Title: Letters, Nov. 20, 1933 | 11/20/1933 | See Source »

...Charge!" was Mr. Faraday's next order and his mounted and foot police, using only their truncheons, tried to club into submission 8,000 gibbering, shrieking Arabs who attacked with knives and brickbats, dragged policemen from their horses which stampeded whinnying and brought a puckered frown to the brow of District Commissioner Crosbie who watched from a window overlooking the melee in Jaffa's main square...

Author: /time Magazine | Title: PALESTINE: Jews Not wanted | 11/6/1933 | See Source »

...companies incorporated under New York's banking laws cannot issue preferred stock. Therefore Manufacturers Trust issued "capital notes" which are preferred stock in virtually all respects except in the eyes of the law. They were readily accepted by the R. F.-C., for the New Deal does not frown on evasions 'of the law if they happen to suit its purposes...

Author: /time Magazine | Title: Business & Finance: Downtown | 11/6/1933 | See Source »

...valiant last stand. With two out. Manager Cronin singled, went to second when Schulte drew a base on balls. Kuhel stepped to bat. A single would tie the score again. A stiffer blow could win the game. Manager Bill Terry walked over to "Pop" Luque with a worried frown. Luque scarcely noticed him. "I get heem," he promised, and turned toward the batter. Plump!- Strike one. Plump!-Strike two. Plump...

Author: /time Magazine | Title: Sport: World Series, Oct. 16, 1933 | 10/16/1933 | See Source »

...Publisher Cuddihy's private charities are understood to be large. ) He was an early Hoover booster, has now reverted to Democracy. Sometimes he attends Tammany powwows on Long Island. In tastes as well as in faith R. J. Cuddihy differs from his oldtime employers. Mr. Cuddihy does not frown upon conviviality. He firmly believed that beer would balance the budget...

Author: /time Magazine | Title: The Press: Digest Overhauled | 7/10/1933 | See Source »

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