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Despite the denunciations of demagogues, shrewd international bankers are a commodity of which the U. S. has never had an adequate supply. Most costly evidence of the fact is the $1,175,000,000 of defaulted bonds outstanding which foreigners (Germany: 26.4%) owe U. S. investors. This week, however, the U. S. acquired a very competent specimen of the breed-a present from Adolf Hitler. He is Otto Jeidels (pronounced Yi-dels), a tall handsome man with a twinkle in his eye, who habitually talks so fast that no one else can get in a word. Before teller purged German...

Author: /time Magazine | Title: BANKING: Insider from Overseas | 7/3/1939 | See Source »

...press reports we are informed that those rescued owe their lives to a "superman," who with Herculean strength closed the forward bulkhead door while the water was pouring through and the submarine sinking at a 45-degree angle...

Author: /time Magazine | Title: Letters, Jun. 19, 1939 | 6/19/1939 | See Source »

...does, U. S. Naval expansion should soon increase Baldwin's non-locomotive business enough to put the company in the black. If Baldwin then got another $30,000,000 of locomotive business, and $5-10,000,000 of railroad accessory business, thanks to the Government, it would owe the New Deal a handsome bow indeed. Instead of a $1,032,000 loss (1938) it might one of these years turn up with better than $5,000,000 profit...

Author: /time Magazine | Title: MANUFACTURING: Luck on Tidewater | 6/12/1939 | See Source »

...assassinated after the War by antiSemitic, anti-liberal nationalists. But Rathenau's secret dream of a completely rationalized and goosestep-clicking German industry was remembered by some of his young disciples who became Nazis. Hitler's first and second Four-year plans for making Germany self-sufficient owe more to Rathenau's social thinking than any Nazi would dare to admit...

Author: /time Magazine | Title: GERMANY: Wehrwirtschaft | 5/22/1939 | See Source »

...Francisco should presently become as distinguished for its arts as for its setting, San Franciscans would owe many thanks to WPA. Already hopeful of this, San Francisco WPA officials were pleased as Punch last week at the dedication of one of the most sophisticated WPA building jobs in the U. S.-a new, $1,500,000 Aquatic Park overlooking the Golden Gate...

Author: /time Magazine | Title: Art: Sea Murals | 2/6/1939 | See Source »

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