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...Dutch cutter with an auxiliary engine, a piano and an encyclopedia, with timbers that recalled the Constitution and "a cockpit in which Hardy might have kissed Nelson,'' he voyaged amiably on the Zuyder Zee, the Baltic and numerous friendly canals and English estuaries. During the War Bennett lent the Velsa to the Admiralty, and it was afterwards sold, but he rarely turned down an invitation to go cruising. In 1927 he shipped as a guest of Otto Kahn on a Mediterranean yachting trip. Though he dressed the part of yachtsman, he never forgot his main business: in spite...

Author: /time Magazine | Title: Books: Englishman | 6/12/1933 | See Source »

...National Recovery Act was President Roosevelt's colossal public works program. For this purpose $3,300,000,000 was to be raised by Federal bond issues which, with other "extraordinary" budget expenditures, would probably put the Public Debt to an all-time high.* The proceeds were to be lent to states, counties and municipalities on a 30-to-70 basis. It was estimated that each billion dollars would put 1,000,000 men to work constructing bridges, laying roads, clearing slums, eliminating grade crossings, building war ships. Private industry was to get no cash from the Government...

Author: /time Magazine | Title: INDUSTRY: Two-Year Plan | 5/29/1933 | See Source »

...borrowed pictures hanging last week had come from U. S. museums (31) and private collections (more than 200). Yet to come was the one exception: James McNeill Whistler's famed Portrait of My Mother, valued at $1,000,000, France's one contribution to the Fair, lent by the Louvre through Manhattan's Museum of Modern Art. When it arrives in Chicago next week, U. S. troops will escort it from Union Station to the Institute...

Author: /time Magazine | Title: Art: Biggest Show | 5/29/1933 | See Source »

...garage he spent hours coaxing a pair of mice out of their hole onto his drawing board. When they assumed faintly human attitudes, his guffaw of delight sent them scampering back. Then, singlehanded, with $40. he tried to make an animated cartoon cinema called Steamboat Willie. His brother lent him several hundred dollars more to photo graph it and get to Hollywood. The pic ture did not sell but it got him a studio job. Soon after he invented an Oswald the Rabbit cartoon. Sound came to the cinema and his boss scrapped Oswald and Disney. With $15,000 savings...

Author: /time Magazine | Title: Art: Profound Mouse | 5/15/1933 | See Source »

...post on the fourth floor was one of the most amazing museum robberies of modern times discovered. Most valuable of the ten stolen paintings were an "Annunciation" by Fra Angelico, a "Christ's Ascension" by Peter Paul Rubens. Most embarrassing loss was a "Judith" by Lucas Cranach, lent to the Museum by Sculptor Carl Milles. The other seven were a Rogier van der Weyden, a Sir Thomas Lawrence, a Romney. Van Dyck, Jean Fouquet. Francois Clouet and Bernardino Luini. Eight were from the Friedsam collection. The Van Dyck was 2 ft. by 1 1/2 ft. The rest were...

Author: /time Magazine | Title: Art: Profound Mouse | 5/15/1933 | See Source »

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