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...aftermath of the sinking of the gunboat Panay kept news of the business slump off front pages, even blanketed the defeat of the Wages and Hours Bill (see p. p). If the latter was not inconvenient so far as it reassured business, both kinds of news were nonetheless damaging to Administration prestige...

Author: /time Magazine | Title: THE PRESIDENCY: News Blanket | 12/27/1937 | See Source »

...after Japanese planes sank the U. S. gunboat Panay in the Yangtze River, Franklin Roosevelt summoned Secretary of State Cordell Hull to the White House, asked in no uncertain terms to have Japan's sacred Son of Heaven informed of the feelings of the President of the U. S. C. Major social event of the Presidential week was the Gridiron Club Banquet, at which the President's remarks are, by strict rule, completely off the record. Sharpest of the six skits written by Washington newspapermen concerned Associate Justice Hugo LaFayette Black of the Supreme Court who, unlike Chief...

Author: /time Magazine | Title: THE PRESIDENCY: Roosevelt Week: Dec. 20, 1937 | 12/20/1937 | See Source »

...shocked and concerned at Japan's behavior. For Japanese-American relations had not been so clarified as mealy-mouthed Admiral Honda believed, and they had reached a more dangerous pass than he might have cared to believe last week when Japanese bombers sank the U. S. river gunboat, Panay...

Author: /time Magazine | Title: WAR IN CHINA: A Great Mistake | 12/20/1937 | See Source »

Chinese built the 450-ton Panay, designed especially to protect U. S. shipping from Chinese river pirates on the Yangtze. She was launched at Shanghai in 1927. Last week she lay in the river at Nanking, taking off U. S. Embassy secretaries, Standard Oilmen, correspondents, cameramen and other U. S. citizens who had dared to stay on until the last moment before Nanking's fall (see col. 2). Her job done and shells coming far too close for comfort, the Panay moved away, anchored beside three Standard Oil ships in a more peaceful spot, 27 miles upstream from...

Author: /time Magazine | Title: WAR IN CHINA: A Great Mistake | 12/20/1937 | See Source »

Suddenly a squadron of Japanese bombers came tearing at the U. S. flotilla. Bombs struck and sank the Panay, burned and sank three Standard Oil ships. Bursting with pride at having scored four hits the Japanese airmen immediately flashed news of what they had done to Japanese headquarters in Shanghai. Meanwhile, in the muddy, choppy Yangtze, passengers and crew of the U. S. vessels kept afloat as best they could until ships of the British flotilla came to the rescue. Of 72 persons believed to have been aboard the Panay, 63 had been rescued at latest reports, an American seaman...

Author: /time Magazine | Title: WAR IN CHINA: A Great Mistake | 12/20/1937 | See Source »

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