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Senator Copeland of New York (Manhattan has a large Puerto Rican population) declared: ''To overlook the obligations we owe to Puerto Rico and its citizens is something I cannot approve. The act will add at least 200 million dollars a year to the cost of sugar. ... In short. we ruthlessly abandon Puerto Rico and dig into our pocketbooks for the beet sugar farmers...

Author: /time Magazine | Title: National Affairs: Sugar by Quota | 4/30/1934 | See Source »

...which often lasted days and even years. Based upon Scripture, the theory of indulgence is that the "Treasury" of the Church, the superabundant merits of Christ and the Saints, may be placed at the penitent's disposal during his lifetime to help him pay the debt he will owe God at death. To gain access to this treasury he must first be in "a state of grace." having repented, confessed his sins and done penance (by prayers, fasting and alms). Such indulgence as he is accorded is operative not for any future sins but only for those already committed...

Author: /time Magazine | Title: Religion: Holy Year Extended | 4/16/1934 | See Source »

...healthy sperm of a non-agouti black buck. Finally they were implanted in the right Fallopian tube of a New Zealand Red doe which had been rendered pseudopregnant by a sterile mating. The dark grey color of the bunnies, born 33 days later, was proof they did not owe their existence to an accidental fertilization of their red foster-mother...

Author: /time Magazine | Title: SCIENCE: In Vitro | 3/12/1934 | See Source »

Thanks to your news item and the thoroughness with which you try to cover news, my illness was cured very quickly and perhaps I owe my life to your magazine. I have read your magazine thoroughly from your very first publication so you see it has not been read in vain...

Author: /time Magazine | Title: Letters, Feb. 12, 1934 | 2/12/1934 | See Source »

...profit in gold today belongs to the twelve Federal Reserve Banks, which in turn owe it to their member banks, which in turn owe it to the persons who deposited the gold and the gold certificates. To get around this difficulty some form of confiscation of the profit, either by an outright seizure or by a tax of 100 per cent on all gold profit, is being discussed. Certain constitutional difficulties stand in the way of such a confiscatory tax and it has been suggested that the Federal Reserve Banks voluntarily sign a waiver of all possible claims...

Author: By David Lawrence, | Title: Today in Washington | 1/9/1934 | See Source »

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