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...grouse in Scotland. In 1926 a Morgan loan helped save the French franc from collapsing. In 1925 a Morgan bond issue of $100,000,000 helped pull Italy from grave financial difficulties. Four months ago a $60,000,000 international loan, engineered by Morgan, was offered to Royalist Spain to bolster the peseta. The House of Morgan underwrote part of the German Government 5½s in 1930. But in all the conferences, statements, interviews about Germany's greatest crisis, the name of Morgan has not once appeared...

Author: /time Magazine | Title: INTERNATIONAL: Quickly Done | 8/3/1931 | See Source »

...with Germany in defeat that he entered the hearts of his countrymen. The Kaiser fled to Holland, Ludendorff fled to Sweden. Old Paul stayed on with his troops, ready to take what was coming to him. There came another retirement for Old Paul until 1925, when Junker and Royalist factions decided that the way to restore the monarchy was to elect Old Paul, most faithful of the Kaiser's servants, President of the Reich to succeed President Ebert. They did, but they forgot the old man's sense of duty. When he took the oath to defend...

Author: /time Magazine | Title: GERMANY: Ein' Feste Burg | 7/27/1931 | See Source »

...last week for the first Spanish Parliament in seven years returned President Alcala Zamora (as a Deputy from Saragossa) and every member of his Cabinet. Numerous parties entered candidates, but as foreseen, conservative Republicans and moderate Socialists swept the boards. Communists made no progress. The only districts that showed Royalist strength were medieval Navarre, whose sympathies are not for Alfonso but his 60-year-old cousin, the Carlist Pretender Don Jaime; and Guadelajara, pocket borough of wrinkled canny Count de Romanones who used to dandle Alfonso XIII on his knee. Enthusiasti- cally returned was Foreign Minister Alejandro Lerroux, whose power...

Author: /time Magazine | Title: SPAIN: Election | 7/6/1931 | See Source »

Second move was to hold a series of lengthy secret conferences in Paris, send the Marques de Tena hotfoot off to Madrid to beg the various Royalist groups in Spain to forget their differences for the time being and present a united front in the forthcoming June elections under that weepy eyed, white whiskered old gentleman, Jose Sanchez Guerra, Prime Minister shortly before the Dictatorship of Primo de Rivera...

Author: /time Magazine | Title: Foreign News: Pocketless Don Juan | 5/18/1931 | See Source »

...June. Three things, said he, may split the Republicans, make possible a restoration of the monarchy in the not too near future: the growth of Communism and Syndicalism, the separation of Catalonia and the Basque provinces, an unpopular Moroccan policy. But to start the ball rolling, a united Royalist front is imperative...

Author: /time Magazine | Title: Foreign News: Pocketless Don Juan | 5/18/1931 | See Source »

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