Word: silver
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Dates: during 1930-1939
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...largely underestimated his ability and quickly assumed that "the Squire took him into camp" when Thomas walked out of the Oval room of the White House with his revised Senate bill. Before the Senate silverites had cast an amazing total of 33 ayes for inflation of the coinage of silver, Senator Thomas had sent his perfected measure to President Roosevelt. It was a four-lined pitchfork with which to heave prices into the hayloft. A covering letter accompanied the bill. In this letter Thomas suggested that the President should adopt the program and take the power for the clubbing effect...
...James Ramsay MacDonald, Prime Minister of Great Britain and First Lord of the Treasury, let himself go limp and restful as he and the President viewed and reviewed the economic distress of the world, tried to bring into common focus War Debts, armaments, tariff barriers, trade restrictions, silver, currency. On it Edouard Herriot, France's chunky special envoy who quickly tires of standing, eased his short legs while he discussed his country's need for political security with a U. S. President whose good French made M. Herriot blush for his bad Eng- lish. On it sat large...
...James whose lyrics, with music by his trim wife, Kay Swift, helped to make the first Little Show and Fine & Dandy successful. Last year he advised a House committee to cut the dollar's gold coverage from 40% to 35% or 30% and make up the difference in silver. He is now being considered by President Roosevelt as Undersecretary of the Treasury. Mr. Taussig's sugar business has given him wide knowledge of trade and tariff problems, on which President Roosevelt has drawn heavily. Also 36, he is smooth, polished, clever. The job of the sub-experts...
...worth of U. S. securities. He could issue $3,000,000,000 worth of paper money, backed only by the good name of the U. S. He could cut the gold content of the dollar to 50?. He could order the free coinage of an unlimited amount of silver at a gold ratio of 16-to-1 or any other ratio he chose. He could cut War Debts about 30% this year by accepting payments up to $200,000,000 in silver worth 50? an ounce. He could do all these things but his spokesmen assured the country that...
...boat for demonstration behind smoke screens. The Macneil fog-eye, like the Macneil thermoelectric sextant perfected last year (TIME, July 25), functions according to Commander Macneil's thesis that every object not at Absolute Zero (-459.4° F.) radiates heat-like infra-red rays. A two-foot, concave, silvered glass mirror in the fog-eye collects infra-red radiations of objects, focuses the rays on a sensitive thermocouple which translates the infra red rays into faint currents of electricity. A compact amplifier which Physicist Edward Elway Free built for Commander Macneil, builds up the fog-eye's currents...