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...country to gird yourselves with stamina, with backbone and with courage to meet this emergency. All must make tremendous sacrifices. For the budget must be balanced either through a manufacturers' sale tax or excise taxes on commodities and industries. . . . It is very easy to say 'soak the rich' but you can't put a tax on incomes which will produce anything comparable to the amount of money necessary to balance the budget. Unless the budget is balanced, all your temporary relief measures, all your Reconstruction Finance Corporations and everything else will be futile, for the cornerstone...

Author: /time Magazine | Title: National Affairs: Little Georgia Democrat | 2/22/1932 | See Source »

...Make the "entrenched rich" bear the load; hoist the surtaxes; repeal the section on capital gains & losses (under which many a citizen was hoping, with mostly losses to report, to cut his 1931 tax to practically nil). Quickly the Treasury (Undersecretary Mills speaking) Hayed the Democrats for planning to "soak the rich." With equal promptitude, stocky, ruddy little Speaker Garner of the House-to whom William Randolph Hearst referred last fortnight (and again last week over the radio; as the Hope of the Democratic Party-retorted: "Ogden Mills is talking through his hat! If he knows what the Demo-cratic...

Author: /time Magazine | Title: The Congress: Tariff Before Taxes | 1/11/1932 | See Source »

...gone hungry in the history of this country." The Daily News said it would buy some of this wheat, give it to needy folk endorsed by the Dayton Family Welfare Association. If the family had a coffee grinder it could make whole wheat muffins, cakes .or breads, or else soak the wheat for 48 hours and make porridge. The Daily News hoped: "If this method can be demonstrated, then it may spread all over the country...

Author: /time Magazine | Title: The Press: Odds & Ends: Aug. 31, 1931 | 8/31/1931 | See Source »

Although the school has never had a department of journalism, in that direction is it best represented by its alumni. Knox was the " Siwash" of George Hamlin Fitch. Famed among other writing Knox alumni are: Edgar Lee Masters (Spoon River Anthology), Don Marquis (The Old Soak), Eugene Field (newspaper colyumist, Poems of Childhood). Her two alumni presidents are journalists?President Britt and Dr. John Huston Finley (president 1892-99), now " editor emeritus" of the New York Times. Oldest living graduate (1859) is Ellen Browning Scripps, sister of Edward Wyllis Scripps and a prime mover in the early days of Scripps...

Author: /time Magazine | Title: Education: Knox-Lombard Merger | 4/21/1930 | See Source »

Everything's Jake, a new comedy by genial Don (The Old Soak) Marquis, is, like most of his writings, pervaded with the persuasive odors of the barroom. It concerns the adventures of Jake Smith, wealthy Long Island 'legger, with his wife, daughter and three bleary cronies on an expedition to Paris. Playwright Marquis devises considerable fun with the vagaries of ignorant and besotten men in contact with an approachable countess and a haughty courtesan, but most of his intended climaxes are weak, he never gets very far from orthodox, outworn farce...

Author: /time Magazine | Title: Theatre: New Plays in Manhattan: Jan. 27, 1930 | 1/27/1930 | See Source »

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