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Release of the pigeons signalled the climax of the ceremony. While Commander Dresel, his 50 officers & crew stood at salute, Erection Foreman V. W. ("Red") Coffelt ordered "Up ship!" His workmen slacked off their cables, let the Macon's partial load of helium buoy her into the air some five feet. Another command and she was hauled down again, made fast. The Navy's second airship scouting cruiser had taken the air. She will remain in the dock a few weeks more for finishing touches...

Author: /time Magazine | Title: Aeronautics: Fair Balloon? | 3/20/1933 | See Source »

Dean Harry Augustus Bigelow of the University of Chicago Law School was appointed trustee of bankrupt Insull Utility Investments, Inc., after Calvin Fentress and William W. Wheelock had been disqualified by Judge Wilkerson because they were elected by the debenture holder's protective committee, supposedly partial to the Insulls. Dean Bigelow's feelings: "Begin at the bottom and work...

Author: /time Magazine | Title: Business & Finance: Personnel: Mar. 20, 1933 | 3/20/1933 | See Source »

...three-way deal dominated the caucus from the start. Withdrawing from the major contest, Representative Byrns nominated Representative Rainey for Speaker after which Representative Rainey nominated Representative Byrns for majority leader. Tammany, always partial to a winner, swung its votes behind the Rainey-Byrns ticket in return for the appointment as assistant majority leader of stocky, hard-bitten Thomas Henry Cullen from the Red Hook district of Brooklyn. Jumping the South's traces, Texas joined the Rainey-Byrns-Cullen combination because its success would advance Representative James Paul Buchanan, a Texan, to the Appropriations Committee chairmanship vacated...

Author: /time Magazine | Title: National Affairs: Rainey for Speaker | 3/13/1933 | See Source »

...thereof, and arrange that a system of credit be extended to the students of the University. Since the bursar's card is evidence of the deposit of a five hundred dollar bond at Lehman Hall, there should be no serious objections to Harvard Square merchants extending at least a partial credit to students presenting their bursar's cards. Such a system being effected, business on the Square might proceed unhampered, and students would be relieved of the inconvenience brought upon them by the lack of ready cash...

Author: NO WRITER ATTRIBUTED | Title: IN PLACE OF BARTER | 3/7/1933 | See Source »

...restrict gold shipments. Thirdly it is suggested that there be an issue of clearing-house certificates, based on bank deposits, in order to furnish a scrip money as a medium of exchange during the period of the holiday. Finally, many have favored at least a partial guarantee of deposits by the Federal government...

Author: NO WRITER ATTRIBUTED | Title: "JOLLY BANK HOLIDAY" | 3/6/1933 | See Source »

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