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Speculators expected no such runaway market as that in grains. Carryover cotton no longer overhangs the trade but one ominous fact does: the U. S. planter is gradually losing his foreign markets to India, China, Egypt. In the past twelve month, while world spinners were using 800,000 fewer bales of U. S. cotton than in_the previous twelvemonth, they were using 1,307,000 more bales of foreign-grown cotton. And the cause of this trend is the simple fact that foreign-grown cotton is cheaper than...

Author: /time Magazine | Title: Business & Finance: Cotton Crop | 8/20/1934 | See Source »

...serves best." To 1,000 lunching Rotary Clubs throughout the land and to the city where Rotary was born 29 years ago. the directors brought messages of Hope. Goodwill and a Bright Future from all over the world. Samples: "India faces the future with confidence." -Frederick Ernest James, Madras planter and Honorary General Commissioner of Rotary for Middle Asia. "Leaders of China are engaged in reconstruction."-Dr. Fong Foo Sec. retired Shanghai editor. ''The worst ... is over." - Herbert Schofield of Loughborough, England. "German unemployment has decreased 50% in 18 months."-Otto Fischer, Stuttgart banker. "Businessmen of Japan...

Author: /time Magazine | Title: Business: Rotarians on Recovery | 6/25/1934 | See Source »

...State prison farm near Tucker are dead and there is no money to buy more. Last week Superintendent Arthur Grenade Stedman was faced with a problem: how to get the prison farm's cotton patch seeded? For each dead mule, he harnessed six strapping convicts to a cotton planter. When five other machines had likewise been hitched with prison labor, he sent them forth to inseminate the good earth of Arkansas...

Author: /time Magazine | Title: LABOR: Men for Mules | 4/30/1934 | See Source »

...These men are husky and have raised no objection to doing the work. A cotton planter weighs less than 100 lb., the ground has been thoroughly pulverized and bedded twice, and it requires no great effort to pull it. The men are being worked for only a reasonable length of time each day, and certainly have shown no ill effects from the work...

Author: /time Magazine | Title: LABOR: Men for Mules | 4/30/1934 | See Source »

...Swastika, a Jew nailed to a hooked cross, with Hitler and troops driving out other Jews; 2) a Negro mother being rewarded for her fecundity by a planter, while a lynching takes place in the background; 3) a Christian missionary converting Chinese coolies for Capitalist exploitation; 4) a starving family on the steps of their shanty with battleships, dirigibles, armaments in the background; 5) a college cheerleader, typifying "subverted individualism"; 6) capitalists gambling with death-headed munitions makers; 7) a triple scene entitled Blessing the Fields (an Orthodox Russian priest giving blessing under the old regime), Fields That Are Blest...

Author: /time Magazine | Title: Religion: Seattle Socialist | 4/30/1934 | See Source »

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