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...number of U. S. plutocrats climbs as quickly as a monkey up a stick, but to more purpose; for this number, together with statistics on import and export, chain store business, stock and bond markets, is an index to U. S. prosperity. In 1925 there were, judging by the taxes they paid to the U. S. Government, 207 men who possessed yearly incomes of more than $1,000,000. In 1926, judging by the taxes that were paid in 1927 and published last week, there were 228 men who possessed yearly incomes of more than $1,000,000. Incomes over...

Author: /time Magazine | Title: Business & Finance: Plutocrats | 1/9/1928 | See Source »

...prevent hypocrisy"-a modification of the McNary-Haugen farm-relief plan, substituting for that plan's equalization fee an exchange of export debentures for negotiable customs certificates which would permit farmers to import dutiable merchandise duty-free.-Democrat Caraway of Arkansas...

Author: /time Magazine | Title: CONGRESS: The Senate Week Dec. 26, 1927 | 12/26/1927 | See Source »

...sweeping approval of the Alternative Prayer Book. Triumphant, the Primate of All England and other Lords Spiritual moved over to the gallery of the House of Commons. Although they could not address its members, their three-to-one victory in the Lords was surely a straw vote of promising import...

Author: /time Magazine | Title: Foreign News: No Popery! | 12/26/1927 | See Source »

...that his material had to be graded down from the former to the latter. He spoke of the idealism of America, and the effect the names of Lindbergh and Lincoln have in arousing it. He recounted his telling to the Chamber of Commerce of Columbus, Ohio, that they should import some foreigners to raise the cultural standards. In short he seems to have covered the cultural situation pretty thoroughly and found Cleveland on top and Pittsburgh at the bottom...

Author: NO WRITER ATTRIBUTED | Title: CULTURE | 12/21/1927 | See Source »

This "nothing of importance" was the "November Revolution" of 1917. Out of it clanked and reared the present Communist State, trampling down Kerensky's puny and irresolute Republic. Last week the present masters of Communist Russia made public, contemptuously, the diary of the onetime Tsar of all the Russias, written at Tobolsk. On Nov. 14, when Nikolai Lenin's dictatorship was six days old, Diarist Nicholas Romanov was still in ignorance of its existence and jotted placidly: "Today is the birthday of dear mama* and the 23rd anniversary of our marriage. At noon we heard prayers. The choir...

Author: /time Magazine | Title: RUSSIA: Diary Revealed | 12/19/1927 | See Source »

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