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China's heroic eigth Route Army on its desperate and hopeless defense of Shanghai (TIME, March 14 et ante), was contributed not by the Government but by terror-stricken Shanghai bankers and merchants and patriotic Chinese abroad-a clear budgetary saving of $12,000,000. As Dr. Soong said stubbornly, three months after the Shanghai Incident: "At present the most important thing for China is to restore her financial stability. We must go on living within our income for a year. We have done it for five months. The Chinese financial situation is better now than that...

Author: /time Magazine | Title: CHINA: Too Smart to Fight | 1/2/1933 | See Source »

...admission for wheat. But we have an unconditional 'most favored nation' treaty with Czechoslovakia which also makes gloves and which would thus be able to claim the same preferential rate. In whatever direction we turn we meet this obstacle. . . . For this we can thank the State Department. . . . "Hopeless as it may seem there is a way out. First, no more tariff boosting. Next, we must put an end to the making of 'most favored nation' treaties. Finally, we have got to sit down at the council table with the rest of the world and talk...

Author: /time Magazine | Title: National Affairs: Race to a Rostrum | 12/19/1932 | See Source »

...Boccaccio's Il Filostrato, will never be old-fashioned or out-of-date. Troilus. a younger son of King Priam of Troy, falls head over heels in love with Cressida, a comely young woman whose father, soothsaying Calchas. has deserted to the Greeks. Troilus thinks his case is hopeless, prepares to take it lying down, till his good friend Pandar, who is also Cressida's uncle, discovers his secret and takes control of the affair. By judicious scheming, trickery, persuasion Pandar arranges a meeting, silences scruples, fans the flame, stages an assignation at his house on a stormy...

Author: /time Magazine | Title: Books: Chaucer Polished | 12/19/1932 | See Source »

...plot is worthless burlesque, & hopeless melange of the worst features of the worst detective "thrillers" that the cinema has produced. Professor Moriarty is there, but dull, asthmatic, licking his stupid Bapsburg chops Swearing revenge, the renovated Professor escapes from prison. One is not sure of the method, but there is a tumult of sirens, of whistles, of confused turnkeys slithering over smooth cement floors, of dead ones breathing heartily, hanging stiffly on steel staircases, & splendid tumult to make audiences forgive and forget. The rest is too much. There is a conglomeration of leers pineapples, cockney, forgeries, subway tunnels into bank...

Author: By J. M., | Title: Cinema -:- THE CRIMSON PLAYGOER -:- Drama | 11/17/1932 | See Source »

...schoolchildren will be asked to stay after school on ten Friday afternoons this winter but it will not be to clean blackboards or copy promises of good behavior. Their task has been allotted them by Conductor Leopold Stokowski who, finding it difficult "to give the hopeless generation new ideas," declared last week that he would try to make children like modernistic music by having them listen to his broadcasts...

Author: /time Magazine | Title: Music: Opposing Ariels | 10/31/1932 | See Source »

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