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...assets. Yet assets do not always earn profits. Lumber has long been bad. Last week, alarmed by mounting deficits, certain bondholders of Long-Bell asked for a receivership. Prompt to protest was Chairman Long, now a thin, grey, tight-lipped little man of 87 whose wrinkled face wears a placid look. Proud of his company, old Robert Long was sure that the troubles of 1930-32 would vanish as did those of 1874-75. Surprisingly, Halsey, Stuart & Co. (who sold the bonds), agreed, denounced the move as "decidedly destructive." In the fight that loomed last week Old Robert...

Author: /time Magazine | Title: Business: Long Long Road | 2/1/1932 | See Source »

...Governor Franklin Delano Roosevelt of New York about Alfred Emanuel Smith, was published as gossip fortnight ago in Collier's in an article by "The Gentleman at the Keyhole." When newsmen at Albany last week asked Governor Roosevelt if he had ever made such a statement, that usually placid gentleman angrily exclaimed...

Author: /time Magazine | Title: National Affairs: Contemptible Liar! | 1/25/1932 | See Source »

...beady eyes of the Japanese popped with disgust. Astonished Norwegians mopped their faces and unbuttoned their sweaters, too polite to mention the weather. The Swedes, disconsolate, nibbled brown beans, salt herring, oatmeal and knackebrod which they had carried all the way from Stockholm. An unprecedented thaw at Lake Placid, N. Y., had spoiled the ice, melted the snow, made practice for the Olympic Games, which begin Feb. 4, impossible. Undiscouraged by this dismal turn of events, the Olympic Committee announced the full schedule of events...

Author: /time Magazine | Title: Sport: At Lake Placid | 1/25/1932 | See Source »

Figure skaters were cheered by the dedication of Lake Placid's new $220,000 indoor rink, built of brick, concrete and steel, with nine miles of brine pipes and seats for 3,000. The new rink, where curling, figure skating and hockey will be played next month, was one of many improvements made at Lake Placid since the Olympic Winter Games, held at Chamonix in 1924, at St. Moritz in 1928, were awarded to the U. S. Budget for this winter's games was over $1,000,000 of which $200,000 came from Lake Placid, $500,000 from...

Author: /time Magazine | Title: Sport: At Lake Placid | 1/25/1932 | See Source »

...Haven, Conn., Jan. 20--Yale's hockey team will not be represented on the American Olympic sextet at Lake Placid, although three of its members have been offered places on the Olympic squad. It was learned today that Captain John Muhifeld, Dunbar Bostwick, and Stewart Iglehart had decided to decline the invitation, largely due to the fact that acceptance would mean desertion of their own team for four contests...

Author: NO WRITER ATTRIBUTED | Title: THREE ELI SKATERS REFUSE BERTHS ON OLYMPIC TEAM | 1/21/1932 | See Source »

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