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Schacht to Funk. Even before Hitler the Germans had been forced to experiment with foreign exchange control. With exports falling in 1933, Hjalmar Horace Greeley Schacht, head of the Nazified Reichsbank, first prohibited the transfer of interest on German foreign debts and then evolved a system of control boards to balance imports and exports. Out of these equilibrist schemes grew the blocked currency accounts and the barter devices, with the Germans paying foreign exporters in special marks good only for German goods at a price lower than the internal price level. Boycotts and currency difficulties kept lopping off chunks...

Author: /time Magazine | Title: GERMANY: Wehrwirtschaft | 5/22/1939 | See Source »

...Funk & Wagnalls...

Author: /time Magazine | Title: Education: Don't Say It! | 5/15/1939 | See Source »

From Propaganda Minister Dr. Paul Joseph Goebbels came a symposium of German movies from 1910 to 1939. Labor Front Leader Dr. Robert Ley presented a Volkswagen, the cheap German-manufactured car not yet available to the public. For the Reichsbank Dr. Walther Funk gave a version of Titian's Venus at the Mirror which official Germany now accepts (although many art critics do not) as one of two authentic originals of this painting...

Author: /time Magazine | Title: GERMANY: Aggrandizer's Anniversary | 5/1/1939 | See Source »

This week Funk's Your Life amoeba suffered another division with the publication of Your Health. Well aware of the prevalence of hypochondria in the U. S., Publisher Funk has specialized in such articles as "Tobacco and You," "What Coffee Does to You," "The Truth About Antiseptics," "Throw Away Your Cathartics?" With 175,000 copies of his first issue ordered, he hopes that quarterly Your Health will, as its predecessor has done, soon grow into a monthly...

Author: /time Magazine | Title: The Press: Funk's Amoeba | 4/3/1939 | See Source »

Bustling Publisher Funk, whose idea is unquestionably the most successful since the picture magazines', spent 30 years as the forgotten man of Funk & Wagnalls before he struck out for himself. While the Literary Digest sickened under Co-Publisher Robert J. Cuddihy (who had acquired 56% of the stock), Wilfred Funk had to amuse himself with such unprofitable pastimes as compiling a dog dictionary, getting a reputation as a prankster (he tore small towels to shreds) and writing a batch of light verse. Sample...

Author: /time Magazine | Title: The Press: Funk's Amoeba | 4/3/1939 | See Source »

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