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...early stages of recovery the heavy industries such as steel lagged behind. So it was advisable to prime the pump by public works. Now. he said, the situation was reversed. The durable goods industries were making more rapid progress than the consumer goods industries. The prices of their products were going up accordingly. For example, some mines can produce copper at 5?, or 6? a Ib, but copper was selling at 17?. And the price of steel was up $6 a ton. These prices, he intimated were too high, much more than covered increased labor costs, meant that a larger...

Author: /time Magazine | Title: THE PRESIDENCY: Economic Dissertation | 4/12/1937 | See Source »

Added years didn't dull Rogers' wit. When the famous pump in the Yard was repaired last June, he was asked to have the first drink. In a brief impromptu speech he praised water as a benefit to humanity, saying "it's done so much for navigation...

Author: NO WRITER ATTRIBUTED | Title: Rogers and Morse, Oldest University Graduates, Die in Past Two Days | 3/30/1937 | See Source »

...Soldiers of Free Spain," shakes each by the hand, calls him ''Comrade!" When the Loyalist general is finally brought back, the treacherous Rebels manage to shoot him anyway. With their leader dead, the milicianos rush to their sandbag wall and laugh in hysterical, heroic rage as they pump bullets over the barricade. Purpose of the first performance of Spain Laughs was to see if a hand-picked audience would give enough encouragement to justify a Broadway opening. The partisan audience gave encouragement in plenty, though its drama-conscious members could not blink the fact that so loose-jointed...

Author: /time Magazine | Title: Theatre: New Plays in Manhattan: Mar. 22, 1937 | 3/22/1937 | See Source »

...hard commercialism of the North and to show how each needs the other. When Stokowski gave the ballet its world premiere in Philadelphia five years ago (TIME, April 11, 1932), he had dancers to take such roles as a coconut, a mermaid with a guitar, a swordfish, a gasoline pump, a ventilator. Last week's audience had no dancers to explain what was happening or to whom it was happening. They heard only music to express life aboard ship, a hot-blooded tango where the mermaids are supposed to interrupt ship routine, two catchy tunes to convey tropic abandon...

Author: /time Magazine | Title: Music: Mexican in Manhattan | 2/22/1937 | See Source »

Navigating was "The Dook," wiry, chaste, non-practicing bridge engineer, whose sober tinkering with the sextant gave their position anywhere from mid-ocean to mid-Australia. Real navigator, says Author Flynn, was Providence. They all took turns at the hand pump, which had to be kept going most of the time. Figuring a couple of months for the trip, they took seven, with many a layover for repairs and beachcombing. Once they made $50 catching kingfish; poker games showed a profit; they poached a sheep, paid for it later out of the fee collected on an opium-runner...

Author: /time Magazine | Title: Books: Flynn's Yarn | 2/22/1937 | See Source »

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