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...food situation became so acute that Commander-in-Chief Walter Waters flew to New York to beg supplies. There Adam Hat Stores, Inc. donated 90 tons of food, of which 1,500 Ib. of beef was rushed to Washington by plane. In Commander Waters' absence, Communist John Pace, leader of the Workers' Ex-Service Men's League, arose to attack his dictatorship. A thousand conservative Veterans began closing in on the noisy little Red. Suddenly out of nowhere appeared General Glassford. "Pace has just as much right to speak here as anyone," he shouted...

Author: /time Magazine | Title: HEROES: Break Up? | 7/18/1932 | See Source »

According to Havana police, the 6 Ib. of dynamite were placed at a street-corner which the President was scheduled to pass in his automobile. An electric cable ran from the bomb to a magneto detonator some distance away. A gardener noticed the wire, called police. They hid near the detonator. A swank motor car drove up. Out stepped Dr. Igacio Mendoza and two other young men-about-town, one his cousin. All were arrested. Just then the President's car appeared. Recognizing the young men. General Machado alighted smiling, insisted on shaking hands with them all, exclaiming...

Author: /time Magazine | Title: CUBA: Socialites to Jail | 7/18/1932 | See Source »

...expected that no sudden rush of pigs to market would upset the hog-cart. In Iowa where 13 million hogs are born and fattened every year, the rise from June 1 to last week's average price made a difference of $40,000,000 figuring each hog at 240 Ib. Another boon to hog farmers has been the low price of corn. It is generally assumed by farmers that they can make money if they can sell their hogs at a hundredweight price ten times higher than the cost of a bushel of corn. Corn on the Iowa farm last...

Author: /time Magazine | Title: Business: Rising Hogs | 7/11/1932 | See Source »

...loins, shoulders, fat and trimming. The hog's destiny is complete except for the bacon and hams which must be cured (one month to three) and sausage which must hang in the drying rooms four months before being passed by inspectors. Of a 250-lb. hog all but 9.38 Ib. goes into edible products. The residue consists of hides for tanning, hair, skin and sinew good for glue, grease for lubricants, bones for buttons, bone-handles, Mah-Jongg sets and dust. Orientals pay more than $100 per Ib. for hog gallstones. The ultimate remainder is brewed, dried and ground, sold...

Author: /time Magazine | Title: Business: Rising Hogs | 7/11/1932 | See Source »

Copper Split. The U. S. levy of 4¢ per Ib. on copper makes foreign sales in the U. S. virtually impossible. Hence foreign producers have little inclination to share their markets with U. S. producers through Copper Exporters, Inc. Last week the first tangible evidence of the split was seen when four big foreign producers resigned from the export body. They were: Union Minière du Haut Katanga, Chile Copper, subsidiary of Anaconda; International Nickel Co. of Canada; Cerro de Pasco with prolific mines in Peru. Coppermen thought Copper Exporters would eventually cease to function, that U. S. producers would...

Author: /time Magazine | Title: Business: Deals & Developments | 7/11/1932 | See Source »

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