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...distrust of the currency, would be sufficient to cause business men to delay commitments, banks to fear withdrawals, and the public generally to steer clear of bonds, especially government bonds. The whole question of whether paper currency inflation, once started, could be controlled, has been returned to the realm of theory by the realization that the government did not intend to start it. In retrospect, it is difficult to see what positive dangers existed of sufficient magnitude to lead the Treasury's chief adviser to resign in such spectacular fashion...

Author: By J. J. T. jr., | Title: The Crimson Bookshelf | 2/14/1934 | See Source »

...matter how it starts, will end up as a concerted assault by the Capitalist Powers on the Soviet Union. For this reason he threw his whole influence behind a successful move to draft the Five-Year Plan in such fashion that Russia would achieve self-sufficiency first in the realm of munitions and armaments. As Captain Liddell Hart points out, Soviet battle planes-on which Klim pins so much hope -are of 100% Soviet manufacture and the whole effort of the Red War Office is to make it possible for Russia to fight on the basis of her own stupendous...

Author: /time Magazine | Title: RUSSIA-JAPAN: The Word Is Out | 2/12/1934 | See Source »

Indications that the crisis in France has not completely passed are to be easily seen in the move made by M. Doumergue to transfer interest in the domestic situation in France to the realm of foreign affairs. Doumergue has seized upon the Austrian-German question as the one most likely to arcuse interest in France which would be sufficient to divert public opinion from the Stavisky scandal. For years this has been a time honored method in French politics; unfortunately, it has been generally unsuccessful; in 1830 it came too late to avert the collapse of the monarchy...

Author: NO WRITER ATTRIBUTED | Title: Yesterday | 2/12/1934 | See Source »

...political public, has been that this is an exciting, and a somewhat amusing, political battle of the usual pre-primary variety. A recent editorial in the Boston Herald even warned against allowing this quarrel to endanger the Norfolk system, implying that it should be relegated to the realm of pure politics. A Boston Post news story on the day of an extraordinary blast by Mr. Hurley concluded, "And so the fight goes merrily...

Author: NO WRITER ATTRIBUTED | Title: NORFOLK | 2/6/1934 | See Source »

Life in Wilhelm Hohenzollern's 30-acre realm of Doom in Holland is always stiff with etiquet. A Court Gazette tells the miniscule doings of the court, gives notice two weeks in advance of those whom the onetime Kaiser has graciously agreed to receive. When Brig.-General Cornelius Vanderbilt's news-nosing son "Neely" tried to crash the ex-Kaiser's presence last spring, he was repulsed with the stiff story that he had not been Gazetted two weeks in advance. But life at Doom is terribly sleepy. In the ivied main palace and the outlying smaller...

Author: /time Magazine | Title: Foreign News: Wilhelm at 75 | 2/5/1934 | See Source »

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