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Last week Warren Lee Pierson, twinkle-eyed, fat-fingered president of the Export-Import Bank, announced that for the time being he had spent his last diplomatic dollar courting sister republics to the south. He sat back to study the results of his wooing, figure whether he had scored over his rival, the Axis. One conclusion could be drawn: the course of bought love does not always run smooth...

Author: /time Magazine | Title: FOREIGN TRADE: Mr. Pierson Pitches Woo | 2/10/1941 | See Source »

While Franklin Roosevelt again revised the U. S. defense setup by giving it a two-man head (see p. 21), Winston Churchill last week again revised Britain's setup. He made Labor Minister Ernest Bevin Chief of Production Executive, Supply Minister Sir Andrew Rae Duncan Chief of Import Executive, Minister Without Portfolio Arthur Greenwood, whose so-called Production Council has proved inadequate, he made Chief of [postwar] Reconstruction Executive. In Britain, as in the U. S., these changes were not wholly satisfying. Said the Laborite Daily Herald: "There is still no supreme high command of economic and industrial policy...

Author: /time Magazine | Title: GREAT BRITAIN: Churchill & the U. S. | 1/20/1941 | See Source »

They Met on Skis (C. L Import Corp.) is this winter's skiing film and was shot by Austrian Producer Henri Sokal whose Slalom and Ski Chase were the ski films of previous winters. Filmed in the fall of 1939 in the French and Swiss Alps, it is loaded with clear, fast shots of some of the world's finest skiers-the women's team of the Paris Ski Club, French International Racing Champion Louis Agnel-careening down mountainsides, whizzing through the frosty air. A silly boy-girl-mortgage plot clumps knee-deep through the snow scenes...

Author: /time Magazine | Title: Cinema, Also Showing Jan. 13, 1941 | 1/13/1941 | See Source »

...Labor Statistics' Index of 28 spot prices jumped 4%. By Sept. 5, when England and France were in, these speculative prices were up 14% over August's average, by Sept. 22 they were up 27%-to a World War II high. The sharpest rise occurred understandably in import necessities: wool tops up 50% in two weeks, shellac up 74% in three. The more representative all-commodity index, reflecting industrial as well as raw commodity prices, reached a peak at 79.5, up only...

Author: /time Magazine | Title: War & Prices | 1/6/1941 | See Source »

...elected, with the help of his steamroller machine. Arnulfo Arias is a young and patriotic man who fears his native land is losing its identity. He has seen most of its retail business taken over by Chinese, Eastern Europeans and East Indians. He has seen Jamaica Negroes, first imported to build the Canal, monopolize jobs on that waterway. He has seen the import business, utilities and banking taken over by Anglo-Saxon Americans, by the British and by Germans. He has heard English spoken on the streets as freely as Spanish; he has read street signs, menus and business correspondence...

Author: /time Magazine | Title: PANAMA: ARIAS DIGS IN | 12/30/1940 | See Source »

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