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...Bank of England notes, foreign exchange was difficult, inflation loomed. A Parliamentary Bullion Committee met, wanted to resume specie payments. But Vansittart urged the country to stay off the gold standard, insisted that public faith in the Government was enough to make paper money a satisfactory coin of the realm. His side won. Inflation did occur and the national economy limped along until 1819, when, with Vansittart's views in complete disfavor, the country returned to the gold standard with a sigh of relief...

Author: /time Magazine | Title: Letters, Jul. 21, 1941 | 7/21/1941 | See Source »

...possibilities which Henry Adams foresaw seem likely to come true all at once; cynical pessimism among the leaders of mankind; a vast revival of semi-religious superstition; a brutish dictatorship by capital or labor. . . . But the difficulty of the task should only spur our efforts in the one realm which we have under some sort of immediate control: our minds...

Author: /time Magazine | Title: Books: The Struggle of Ideas | 6/16/1941 | See Source »

...late Actor WTilliam Faversham; Charles John Vincent Murphy, a veteran of the 1934 Byrd Antarctic expedition and an editor of FORTUNE and David Scherman, LIFE photographer who photographically pioneered U.S. bases in the Caribbean and scooped the world with views of Betty Carstairs' one-woman realm on Whale Cay, Bahamas...

Author: /time Magazine | Title: World War: AT SEA: Zamzam | 5/26/1941 | See Source »

...head up and said to his British colleagues: "He may at any time attempt the invasion of this island. That is an ordeal from which we shall not shrink." He paused again. Then, for ears not in London but in Ankara, which last week suddenly became capital of the realm of anxiety, he said: "At the present moment he is driving fast through the Balkans and at any moment he may turn upon Turkey." Looking up into the distinguished visitors' gallery at the face of Soviet Ambassador Ivan Mikhailovich Maisky, he said grimly: "There are many signs which point...

Author: /time Magazine | Title: INTERNATIONAL: Toward the Sad Extremity | 4/21/1941 | See Source »

...knights of the realm and one baronet-Sir Arthur Salter, Sir Percy Noble, Sir Archibald Sinclair-personified this hope...

Author: /time Magazine | Title: World War: BATTLE OF BRITAIN: Hurts and Hopes | 3/24/1941 | See Source »

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