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Suddenly came the bombshell that Ethiopia's Emperor, like an incipient bankrupt who hastily transfers his assets, had handed oil concessions covering more than half his realm to a British Master of Foxhounds with swank London connections (see p. 23). Instantly the French Left Parties, hostile to Capitalism and to Imperialism, were alert. M. Herriot and the other Leagophiles began to wonder if British League of Nations Minister Anthony Eden, who had been slated to preach to the League Council this week about Right & Justice, was not either duped or duping. Paris detected a nauseating odor of oil from...

Author: /time Magazine | Title: THE LEAGUE: Odor of Oil | 9/9/1935 | See Source »

...answer it. Louis' bout with Chicago's clownish Harry Krakow ("King Levinsky") last week was originally scheduled mainly as a build-up for his next really important fight in September but as the date approached, sports writers courteously began to reflect that it was within the realm of possibility for Levinsky to solve the problem by which more aspiring heavyweights had been floored. After all, he had knocked out Tommy Loughran when Loughran was still the world's ablest boxer of his weight. Attracted by this line of reasoning, the biggest crowd that has watched a Chicago...

Author: /time Magazine | Title: Sport: Louis Over Levinsky | 8/19/1935 | See Source »

From the Modern Galleries in Philadelphia last week went forth an offer to sell one of the strangest collections of drawings yet unearthed in the realm of Americana. Depicted in 1,676 black & white wash drawings, all a little more than a foot square and all by the same artist, was a breathtaking medley of scenes and events, ranging from the crucifixion of Christ to the execution of Nathan Hale, from an attack of delirium tremens to the Ride of John Gilpin, from Little Britches left out in the snow to Poet Poe addressing the Raven. Sentimental though most...

Author: /time Magazine | Title: Art: The Professor | 8/19/1935 | See Source »

Over-the-Counter. SEC's chief difficulty in policing the borders of the legitimate securities business is its lack of control of over-the-counter markets, a vast and undefined realm composed of perhaps 8,000 dealers. Congress provided SEC with powers to regulate over-the-counter by "such rules & regulations as the Commission may prescribe as necessary or appropriate in the public interest." Just what would be necessary or appropriate no one knew, and Commissioner Landis and his researchers have been groping diligently ever since. SEC's first step was a census: all dealers must be registered...

Author: /time Magazine | Title: Business: Reform & Realism | 7/22/1935 | See Source »

...good psychologist that psychology is not an exact science. Whereas in a few departments its methods may approach mathematical precision, in others, like research on character and personality, the procedures are just reaching the point where results of any clarity at all are possible. Yet into this hazy realm psychologists feel justified in pushing, and in reporting therefrom their findings, so long as, like good scientists, they warn the reader of factors that may obfuscate the conclusions. With no less than nine such warnings, Dr. Lewis Madison Terman, head of Stanford University's psychology department since 1922 and starred...

Author: /time Magazine | Title: Science: Marriage & Divorce | 6/24/1935 | See Source »

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