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...Back from the American Legion convention (see p. 13) where he scotched, temporarily at least, further Bonus inroads on the Treasury, President Hoover issued a grave statement last week warning the country against excessive national expenditures. He pointed out that the last Congress had been asked to spend seventeen billion dollars more than it did, largely by "group and sectional interests" and "organized minorities." Observers thought he had in mind such proposals as a $5,000,000,000 "Prosperity Loan," advocated by Publisher William Randolph Hearst and supported by Insurgent Senator Smith W. Brookhart of Iowa. Said the President: "Unless...
...Swope Plan many an idea already in practical application. For the dissemination of association advertising, mutual information and in some cases propaganda, there have long been trade associations (among florists, bottlers, copper and brass pipe manufacturers, tailors, lumbermen, etc. etc.). Most States (44) have workmen's compensation acts. Seventeen States have adopted a form of old age insurance. The Carnegie Foundation provides (through its member colleges) 9,430 teachers with pensions much in the manner President Swope suggested. And last year (TIME, July 28, 1930), President Swope announced an unemployment insurance program for General Electric in which the company shares...
Occasionally Doblin's pages read like a parody of Joyce: "At twenty-three minutes, seventeen seconds after eight, another man steps up to the bar, the milling-bar, the swilling-bar, a fellow-one, two. three, four, five, six, seven, all good children go to heaven-who might it be? You say it's the King of England? No, it's not the King of England, driving in grand style, to the opening of Parliament, as a symbol of the English nation's sense of independence. It's not he. Then...
...other insurgents. Their plan was to go down the coast, land, take charge of revo lutionary forces that had already taken the field, sweep into Havana in triumph. There was some traitor in the club. The Coral was scarcely free of the pier before Cuban gunboats started in pursuit. Seventeen men, including onetime President Menocal's two brothers Fausto and Guatimon slipped ashore to sidetrack the pursuers. They were promptly arrested and clapped into Cabana fortress. The Coral disappeared in the direction of Cuba's western tip, Pinar del Rio. Three days later the puffing gunboat Baire found...
...York-New York? Seventeen minutes after the Cape Cod took off, another Bellanca monoplane chased after her from the same field, the Miss Veedol, manned by Socialite Hugh Herndon Jr. and oldtime Barnstormer Clyde Pangborn. They thought they could beat the eight-day record of Post & Gatty around the world. Their plane was much slower than the bulletlike Winnie Mae but it had a longer cruising range, and Herndon & Pangborn could take turns at the controls whereas Pilot Post was obliged to fly without relief. They gained time by cutting short their stops, but unscheduled landings put the Miss Veedol...