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Future Consequences. Whether or not 50 destroyers will save Britain from defeat, Franklin Roosevelt's deal was destined to be historic. The advantage to the U. S. of the new bases (see p. 18) may alter the course of history by preventing enemies from attacking the U. S., making...

Author: /time Magazine | Title: THE PRESIDENCY: The Big Deal | 9/16/1940 | See Source »

Destroyers. But the Committee's chief remaining objective remained: to secure the U. S. release of 50 World War I destroyers to plug the biggest gap in British defenses. When General Pershing urged it as a measure of U. S. security (TIME, Aug. 12), prompt objection came from Columnist...

Author: /time Magazine | Title: WAR & PEACE: Story of a Tide | 8/19/1940 | See Source »

Objections to the bill were soon heard. Loudest came from Congress' left wing - Jerry Voorhis of California, Wisconsin's Bob La Follette. They thought it coddled profits instead of taxing them; they talked of boosting the top bracket rate from 40% to 82%. They also disliked Choice i...

Author: /time Magazine | Title: GOVERNMENT: Excess-Profits Tax | 8/19/1940 | See Source »

The house received the speech with marked apathy. Members rose and left, until fully one-third of the seats were empty. When he finished, not a single Cabinet member was present. The people, when they heard of it, received the speech with more than apathy-disappointment that they had not...

Author: /time Magazine | Title: GREAT BRITAIN: Little Man's Budget | 8/5/1940 | See Source »

Many a delegate had no objection to this aim, but they had many an objection to Harry Hopkins. Still, it was Hopkins or nothing. Some got drunk, some went home (one of these was Virginia's apple-cheeked apple grower, Senator Harry Flood Byrd). But most went around to...

Author: /time Magazine | Title: CAMPAIGN: By Acclamation | 7/29/1940 | See Source »

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