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...years ago, forty-five per cent of the graduates of Harvard College chose business as their vocation. Among the members of the class of 1937, if any reliance can be placed on the returns from the Phillips Brooks House questionnaire, the number will be nearer twelve per cent. The shift away from business so sharply revealed in these figures has been under way for some time but within the last year has apparently gone to unexpected lengths...
...social, educational and cultural potentialities of the Union." While this ambitious program fell short of complete realization, the Union and its friendly atmosphere assumed an important position in the affections of 1935 men. This spirit was taken up by the men of 1936 and carried to a point nearer to the ideal of the donor...
...fixing from well to consumer. The other group including the representatives of Standard Oils of New Jersey and Indiana, Texas Co., Royal Dutch Shell, Gulf, Sun, Atlantic, favored only that oil should not be sold below cost, opposed complete price fixing. A day's work brought them no nearer agreement. So General Johnson cut the knot, gave oil a code written by Secretary Ickes and James Moffett (who resigned as vice president of Standard Oil of N.J. month ago because he disagreed with President Teagle's policies...
...terms of the second almost to the total exclusion of the first. . . . We regard as one of the major benefits of the crisis-for even a major crisis has some good results-that a statesman of Mr. Roosevelt's standing and power should have brought the world nearer to true prosperity. ... At all events it is evidently to the world's benefit to watch the American experiment, not only closely, but sympathetically. . . . The reward is the prospect of a share in restored prosperity. ... It will be bitterly lost if it is lost through the shortsightedness and practical shortcoming...
Last week U. S. recognition of Soviet Russia looked nearer than at any time since diplomatic relations ceased in 1917. For the first time in 16 years a U. S. President formally admitted the existence of a nation of 160,000,000 inhabitants when last May Franklin Roosevelt included U. S. S. R. in his world-circling appeal for peace. For the first time in 16 years a Soviet Commissar of Foreign Affairs did business as an equal with U. S. statesmen when last month Maxim Maximovich Litvinov met Assistant Secretary of State Moley at the London Economic Conference...