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...Spain had an export surplus, but olives and olive oil, the country's big agricultural exports, were below normal. Exports were at the expense of hungry Spaniards. The output of mineral resources (iron, copper, mercury, potash), in spite of British and Nazi efforts, was about 75% of pre-war normal...

Author: /time Magazine | Title: SPAIN: Year of Peace | 4/8/1940 | See Source »

Skimming through history and throwing off such names as Proudhon, Bakunin, Sorel, Kropotkin, like a shower of sparks, Chamberlain contrasts the lively diversity of pre-war political theory with the postwar hypnosis of Marxism. He thinks most liberal thinking since 1933 has been "pretty silly" because merely a reaction from that spell. As for effective liberal organizations, the Democratic Party has been the best of a bad lot: "a loose federation of southern cotton snobs, western dirt farmers (the real heirs of Jefferson) and the machines of Jersey City's Frank Hague, Chicago's Pat Nash...

Author: /time Magazine | Title: Books: Democracy in the U. S. | 4/1/1940 | See Source »

Extraordinary fact about 1939's foreign operations: in spite of its foreign grief the company pocketed $3,192,580 in foreign dividends (mostly pre-war). Thus Chairman Reed's scaling down of European assets was an exemplary piece of conservatism. Hereafter what Radiator recovers from its European investments will be mostly velvet...

Author: /time Magazine | Title: FOREIGN TRADE: Their Money Lies Over the Sea | 3/25/1940 | See Source »

...full professor at Chicago since 1911, Merriam has been chairman of the Department of Political Science there, and was President 15 years ago of the American Political Science Association. The pre-war Republican candidate for mayor of Chicago has published numerous books and articles, of which "American Political Theories" (1903) and "American Political Ideas" (1921) are the best known...

Author: NO WRITER ATTRIBUTED | Title: CHICAGO TEACHER MAY COME HERE NEXT YEAR | 3/20/1940 | See Source »

These terms were indeed stiffer than the pre-war demands. Before the war Russia asked only enough of Karelia to put Leningrad out of Finnish artillery range; she said nothing about the Laatokka region, which controls the biggest lake in Europe; and all she wanted was to lease Hanko. Said Foreign Minister Vaino Alfred Tanner, who made quite a name for himself as a phrasemaker as the week wore on: "There is no reason for the Finnish Government to occupy itself with mere talk. Let those talk who like to talk." Across the Baltic in Stockholm, Dr. Juho Paasikivi...

Author: /time Magazine | Title: INTERNATIONAL: War and Peace | 3/18/1940 | See Source »

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