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...most major GOP businessmen, the Senate's Republicans rejected this principle, for the high-minded pleasure of casting 23 solid votes against something approved by Franklin Roosevelt. To the shame of many a thoughtful Western Democrat, many Democratic Western Senators rejected the principle, on the theory that the import of $4,411,853 worth of Argentine canned meats is injurious to the $1,144,000,000 U. S. cattle industry. In this emergency, the Administration feared to trust wholly to Kentucky's Alben Barkley, Senate leader. Afraid that "Peerless Leader'' Barkley might lose votes and alienate...

Author: /time Magazine | Title: National Affairs: Hull Wins | 4/8/1940 | See Source »

Says Roy Harris: "If we create an indigenous music worthy of our people, it will make its way swiftly and unfalteringly. . . . Whether it be a little more or less 'dissonant' or 'original' is of small import-but it must have the pulsing life stuff in it-creative urge and necessity of continuity. It cannot be a scholarly mosaic of all the materials and forms of the last 200 European years...

Author: /time Magazine | Title: Music: Home-Grown Composer | 4/8/1940 | See Source »

...asides on the renaissance of the stage through college and summer theatre companies are more enthusiastic than thoughtful, that about half his characters are themselves straight out of stock, and that as a novel the education of Bethel Merriday is neither so close-knit nor so serious in import as was that of Martin Arrowsmith. But the reader must likewise note that this is not the sour and rickety work of an old self-imitator but a buoyant tale with neither claims nor pretensions to being a profound work...

Author: /time Magazine | Title: Books: Road Work | 3/25/1940 | See Source »

...speech as he handed over the money (although he did say, eloquently for a banker, "They can buy everything that humans need in everyday life"). Nor did modest K. P. Chen, Chinese banker who negotiated the 1936 U. S.-Chinese (gold-silver) agreement, the 1938 $25,000,000 Export-Import Bank loan, hail the new loan for the victory it was. Mr. Chen wanted to keep out of the limelight, minimize his part in the proceedings and get back to China as soon as possible. But because the European war has checked China's flight of capital, improved...

Author: /time Magazine | Title: National Affairs: Everyday Life | 3/18/1940 | See Source »

Great Britain, which had not won a diplomatic hand from Italy for years, stood pat. German exports as well as imports are under a confiscation ban, she serenely pointed out. No exceptions could be made. Furthermore, Italy did not necessarily need to import German coal when high grade Welsh or U. S. coal could be had in unlimited quantities. Nor would going to war with England provide coal for Italian factories and fireplaces. It would shut off the supply completely. Il Duce was indeed in a tight spot...

Author: /time Magazine | Title: ITALY: Hot Coal | 3/18/1940 | See Source »

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