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...certain that with what others owe her and her great foreign investments scattered all over the world, England has enough to call herself safe. . . . Sterling is more likely to hold its own and return to normal than many other things in this depressed world...

Author: /time Magazine | Title: ITALY: Grandpapa | 10/12/1931 | See Source »

...discussing these things now, free of collapse and panic, you owe this solely to my colleagues and myself who took the action which we did last week...

Author: /time Magazine | Title: GREAT BRITAIN: Heather v. Cormorant | 9/14/1931 | See Source »

...because I'm not. . . . You wouldn't go get a sawmill man and have him perform an operation for appendicitis on you, would you? Well, nobody ever claimed Hugh White ever had a minute's training in governmental affairs. . . . It's a money campaign. . . . Everything I am today I owe to my mother and father. . . . Hugh White has spent his whole life in the pursuit of wealth. He says a man should not be elected to office unless he can pay his own campaign expenses. We have 13 millionaires in Mississippi. I don't see why the people must select...

Author: /time Magazine | Title: National Affairs: Governor for Mississippi | 9/7/1931 | See Source »

...five delegates to that conference. In the meantime she expected to be paid the Young Plan annuities due her from Germany on July 15 ($17,860,000). Last week she punctiliously placed to Great Britain's credit in the Bank for International Settlements the amount ($3.808,000) she would owe Great Britain at the same time (which the British Treasury hastily announced it would not dream of touching...

Author: /time Magazine | Title: INTERNATIONAL: Beggar No Chooser | 7/20/1931 | See Source »

...bankrupt Australia snatched the crumb. Proud, His Majesty's Government in the Union of South Africa said: "We have informed His Majesty's Government in the United Kingdom that South Africa will not take advantage of the offer of the Mother Country to forego payments which we owe on our War debt." [Loud cheers.] Benito Mussolini, with characteristic dynamics, had promptly put his Cabinet busily to work figuring out exactly what was to be done. President Hoover was not surprised. He knew they gave up in German reparations and other debt receipts only a little more than they...

Author: /time Magazine | Title: National Affairs: Exquisite Sensation | 7/6/1931 | See Source »

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