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...subject of European economic entanglements President Hoover found himself attacked from a new and unexpected quarter last week. Editor George Horace Lorimer of the staid Saturday Evening Post has been engaged in flaying the Administration for trying to "help people out of a morass by plunging into it with them." Said Editor Lorimer in the current issue: "Washington was right- meaning George Washington, not Washington, D. C. . . . Our international bankers have been babes in the Black Forest...

Author: /time Magazine | Title: THE PRESIDENCY: This Is an Emergency! | 9/28/1931 | See Source »

...state deepest bogged last week in a fiscal morass was Austria (see p. 23). Other governments painfully pinched for money by Depression were those of Newfoundland and Brazil (see below). But many a nation is not pinched. Last week Canada easily converted more than $600,- 000,000 worth of a series of Dominion bonds (totalling $1,084,800,000) into other series at impressive savings in the rates of interest. Fortnight ago Italy offered an internal loan of 4,000,000,000 lire ($210,000,000). Italian investors offered a total of 7,004,439,500 lire, a 75% oversubscription...

Author: /time Magazine | Title: Foreign News: Nations Must Live | 6/8/1931 | See Source »

Significance. The Prime Minister, having promised nothing in fact, promised so much by implication-and this at a time when the Labor Cabinet has only an unsteady majority in the House of Commons-that observers saw Scot MacDonald plunging neck-deep last week into a morass of good intentions from which he can extricate himself and party only by a display of the highest statesmanship...

Author: /time Magazine | Title: GREAT BRITAIN: Indian Conference: Act II | 12/1/1930 | See Source »

Sundry measures of price reduction have been tried, without signal success, with the purpose of lifting aviation out of its economic morass. Last week heroic methods were proposed by Erie P. Halliburton, president of Southwest...

Author: /time Magazine | Title: AERONAUTICS: Move Towards Mass | 6/16/1930 | See Source »

...legislatures will have a definite basis of fact to work upon. The straw vote will show which way the wind of public opinion is hlewing and may well point to the constructive remedy for the present tangled situation. There is hope that the period of floundering in the prohibition morass may be drawing to a close...

Author: NO WRITER ATTRIBUTED | Title: INTO THE OPEN | 2/25/1930 | See Source »

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