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...Certain statesmen, notably those of the British Labor Cabinet, hold that the "hoarding" of this vast treasure by France and the U. S. renders a great part of it "sterile." In London "sterilization" has become a common, an ominous word. It rolls glibly off the tongue pf the Rt. Hon. James Henry ("Jim") Thomas as a stock excuse for Britain's troubles. If only this sterile gold were put into fecund circulation, reasons Mr. Thomas, if only the three-fifths of the World's gold held by two nations were more widely distributed, then there would...

Author: /time Magazine | Title: INTERNATIONAL: Gold, Gold, Gold | 12/1/1930 | See Source »

...notions of Socialists, might be ignored by financiers. But last week the leading chieftains of international finance were plainly worried about Gold and the kindred problems of German reparations, Allied War debts. Within the fortnight Messrs John Pierpont Morgan and Owen D. Young were in London, conferring with Rt. Hon. Montagu Collett Norman, Governor of the Bank of England. Tipped off that Mr. Young was in Paris last week "incognito and making a great effort to keep his whereabouts secret," correspondents sought out Governor George Leslie Harrison of the New York Federal Reserve Bank at his Paris hotel, asked bluntly...

Author: /time Magazine | Title: INTERNATIONAL: Gold, Gold, Gold | 12/1/1930 | See Source »

...Maharaja of Patiala, Maj. General His Highness Bhupindra Singh. Hon. Aide de Camp since 1922 to George V. (Deep-chested, tremendous, with close-braided beard and heavy-lidded, magnetic eyes, expression and reputation sensual and sinister; from beneath his turban peep a pair of earrings each consisting of two pearls, diamond-set and large as cherries...

Author: /time Magazine | Title: GREAT BRITAIN: Indian Conference | 11/24/1930 | See Source »

...Nizam of Hyderabad was prevented from attending the Conference by a tradition that he must never leave India. Ruler of a land larger than New England and almost twice as populous, His Exalted Highness Asaf Jah Sir Usman Ali Khan is thrice a Nizam, a Nawab and a British Hon. Lieut.General...

Author: /time Magazine | Title: GREAT BRITAIN: Indian Conference | 11/24/1930 | See Source »

...their products nationally. Significant to all business was the 21st convention of the Association of National Advertisers, held in Washington, D. C., last week. And especially significant was the figure-picture of what these firms plan to do next year. ''Your faith and enthusiasm are already apparent," Hon. Frederick Arthur Tilton, third assistant postmaster general, told the convention. "Members of your organization collectively will spend during the next calendar year, 1931, $265.000,000. Of your 256 constituent companies. 121 will repeat their 1930 appropriation; 60 will increase their 1930 appropriation; only 14 will reduce, and 61 are undecided...

Author: /time Magazine | Title: Business: A. N. A. Convention | 11/24/1930 | See Source »

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