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Word: icelanders (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Usage:

...Social Conditions in his country the Icelandic Publicist Halldor Kiljan Laxness has written: "Organized religion fares badly in Iceland. Ministers of religion have no prestige and the churches as a rule are empty on Sunday. . . . The Catholics have built a gorgeous cathedral at Reykjavik, though there are only about 150 Catholics in the town...

Author: /time Magazine | Title: ICELAND: Shamefaced Bankers | 2/17/1930 | See Source »

Since 1925, when a dividend of 5% was paid, the Bank has shown no profit. Meanwhile the country at large has been hugely prosperous, swiftly progressive. Proportional to the number of her 103,000 inhabitants, that is per capita, Iceland now has the largest foreign trade of any nation whatsoever ($19,912,400 exports in 1928, and $15,008,000 imports, thus leaving a favorable trade balance of $4,904,400 which is more than frugal Iceland's na- tional debt). Moreover, neither France nor England has as many telephones per capita as Iceland. Amid such evidence of soundness...

Author: /time Magazine | Title: ICELAND: Shamefaced Bankers | 2/17/1930 | See Source »

After ten consecutive hours of deliberation and debate, the Althing at 5 a.m. dealt harshly with the Bank of Iceland. Ordered was a searching investigation which Icelandic economists are certain will prove that the Bank is bankrupt. In this case, by decree of the angry Althing, it will be liquidated and its business probably transferred to the prosperous Farm Bank of Reykjavik...

Author: /time Magazine | Title: ICELAND: Shamefaced Bankers | 2/17/1930 | See Source »

Most prosperous of all Iceland institutions is the Icelandic Association for the Promotion of the Fishing Trade?one of the few instances of a successful national monopoly. Through this association all Icelandic fishermen present a united front to European buyers of cod and herring. Experience has shown that by this method they can demand and get higher prices than ever before. Jealously guarded are Iceland's lucrative fisheries. Day and night they are patrolled by the country's two icebreakers, the Thor and the Odin. Trespassing trawlers are hauled before a civil court, and up to the present time fines...

Author: /time Magazine | Title: ICELAND: Shamefaced Bankers | 2/17/1930 | See Source »

...Buick taxicab. Constantly soaring back and forth across the country ?a little smaller than Bulgaria or Kentucky?are two sturdy planes of the German Lufthansa. Two summers ago a German tourist brought several bags of vegetable seed, with the result that many nourishing plants, hitherto unknown in Iceland, sprouted and flourished last summer. But the Icelanders were not particularly pleased. They obey by instinct Explorer Stefansson's rule: A people react with pleasure to a new food in proportion as they have been accustomed to a varied diet. Accustomed to an unvarying fish, smoked mutton, cheese and potato diet...

Author: /time Magazine | Title: ICELAND: Shamefaced Bankers | 2/17/1930 | See Source »

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