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...President Roosevelt called in his ten-man monetary team. They decided, without much real knowledge of how soon it would affect the dollar's commodity value, to wrestle the gold dollar out in the world arena (see p. 51). ¶His preoccupation with his dollars made it fruitless for the President to talk War Debts with Britain's emissary. Sir Frederick Leith-Ross. Undersecretary Acheson and Governor Black of the Federal Reserve Board talked for two hours with Sir Frederick. Result: rumors of a monetary truce between Great Britain and the U. S. whereby dollar and pound would...

Author: /time Magazine | Title: THE PRESIDENCY: Three Dollars | 11/6/1933 | See Source »

...Belgium to about a billion dollars. Before Herr Hitler's government has forgotten this old-fashioned agreement, it would be well for Washington to accept this ten per cent payment from Europe to liquidate the debt. The thorny responsibility of collecting from Germany would not be America's, however fruitless the attempt...

Author: NO WRITER ATTRIBUTED | Title: TIME TO RETIRE | 10/4/1933 | See Source »

...board commenced computing costs of living and methods of keeping it down, Mrs. Rumsey and Professor Ogburn found themselves at sword's point. Mrs. Rumsey thought Professor Ogburn was too inclined to favor Industry. Professor Ogburn thought Mrs. Rumsey's anti-profiteering plans were too spectacular. After fruitless weeks of bickering, Mrs. Rumsey went to General Johnson, asked to have Professor Ogburn removed from the board. In Chicago the economist got a telegram telling him he had been transferred to another job which later turned out to be nonexistent. He raced back to Washington to fight...

Author: /time Magazine | Title: INDUSTRY: Hot Applications | 8/21/1933 | See Source »

...President exclaimed with pride: "Child labor in this industry is here abolished. After years of fruitless effort and discussion this ancient atrocity went...

Author: /time Magazine | Title: INDUSTRY: One Month; One Code | 7/17/1933 | See Source »

Subpenaed by telegraph, Salesman Bevier hotly disagreed. The C. C. C., he said, "wanted a fine quality of toilet article." Before the whirlwind finish of his Washington sales campaign he had spent a fruitless fortnight interviewing captains and colonels in the War Department. It then occurred to him, he said, that a President's Secretary would know "exactly what officials to get in contact with." He saw Mr. Howe at 3:30 the afternoon of May 15. Mr. Howe's letter did not reach Director Fechner until next day, but "before sundown" the contract, under which...

Author: /time Magazine | Title: RELIEF: Toilet Kit Tempest | 6/12/1933 | See Source »

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