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There are two highly funny scenes. One is the entertainment given by his fellow newshawks to Grant when he changes from a lazy reporter into an over serious city editor. They paint up the office, hire an impertinent copy boy and import a German band. Grant becomes very angry, and fires Bennett, who is the leading tease. She goes to New York and becomes engaged to the stuffed-shirt author of a book on How to be a Success...
...simplicity throughout in its presentation of the returns. No partiality will be shown whatsoever, every effort being made to give this great service to the voters of the University and of the City of Cambridge in such a manner that all may gaze, react, and instantly understand the full import of the epoch-making events that will be portrayed...
...Press these explanations of the advent of the most potent Catholic prelate ever to take ship for New York were decidedly inadequate. Only a visit from His Holiness himself could be of greater import to U. S. Catholics. To make sense of Cardinal Pacelli's trip, secular gossips worked overtime, evolved several theories: The Cardinal, perhaps, was being dispatched to Washington to negotiate a resumption of diplomatic relations between the U. S. and the Vatican, breached in 1867 when Congress, foreseeing the end of the Papal State's temporal power, stopped appropriating money to maintain a minister...
...have upped their tariff walls while they talked about downing them. Acting instead of talking this week, Leon Blum slashed French tariffs more deeply than has been done in any country since the War and at the same time swept away more than 100 of the even more vexatious import quotas which have long blocked much trade with France. Blum decree was complex and selective, but in general French tariffs were lowered 15% on manufactured articles,17 1/2% on semi-finished goods, and 20%, on raw-stuffs...
...Fascist Dictator, after cogitating with Italian economists in closest secrecy for a week, adopted exactly the same procedure as had the Socialist French Premier. Il Duce decreed 40% reduction in the value of the lira, bringing it to approximately 19 lire per dollar, and he also sweepingly reduced Italian import duties. Thus Fascist Italy, ordinarily considered a super-Nationalist State, was the first to follow the French lead to tariff appeasement and a better economic world. To Washington and to London was presented a supreme opportunity to join in for international economic peace and increasingly Free Trade. "It is necessary...