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Word: spendthriftness (lookup in dictionary) (lookup stats)
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...championship of Labor. He approves of public works, regulation of public utilities (including government "yardsticks"), easy farm and home credit and a more equitable distribution of the nation's wealth. Strong for social security, he considers the New Deal's system unjust and impracticable, dislikes its "spendthrift generosity," its currency policies. But the only things which really make him boil are: 1) "must" bills, jammed through without adequate debate by Congress or the nation; 2) waste and politics in relief; 3) the spoils system as practiced by James A. Farley...

Author: /time Magazine | Title: National Affairs: Middle-of-the-Roader | 8/3/1936 | See Source »

Fuad's father was Ismail the Magnificent, a foolish spendthrift who dissipated himself out of the khediveship, under Turkish rule. When Ismail's oldest living son died in 1917 as sultan, his son in turn declared that since he had the best wife and the best horse in the world, he did not want to succeed his father. Thereupon the British Army of Occupation skipped to the youngest of Ismail's twelve children, chose Fuad to be sultan and in 1922 made him King of Egypt, Sovereign of Nubia, the Sudan, Kordofan and Darfur. Thus the great...

Author: /time Magazine | Title: EGYPT: New King, Old Trouble | 5/11/1936 | See Source »

Kings' fortunes vanish into the realm of the mysterious because what a King saves up and bequeaths to his heirs is subject to no probate, no inheritance tax. Queen Victoria, having ascended the throne practically penniless, saved at least $9,000,000. Edward VII was a spendthrift. George V was as thrifty as his grandmother. How big a fortune he passed on to King Edward VIII nobody except the Royal family now knows...

Author: /time Magazine | Title: GREAT BRITAIN: King's Fortune | 5/11/1936 | See Source »

...rugged, slow-spoken Oregon Senator declared:' "The most rapid improvement [in business] came after the Supreme Court invalidated the National Recovery Act and removed the governmental clutch from the throat of American business. ... In its effort to meet the agricultural problem, the New Deal has failed. . . . Needless, spendthrift addition to this crushing [national] debt is but little short of criminal." Last week it was widely noted that Senator Steiwer had voted for NRA. for AAA and the AAAmendments, had led the Senate fight against President Roosevelt's Economy Act of 1933, had twice voted to override the President...

Author: /time Magazine | Title: POLITICAL NOTES: Keynoters & Chairmen | 5/4/1936 | See Source »

...something based on the best utilization of material with the least effort in the least time. Research is something natural. Like anything natural, it must be prodigal in time, money and effort. A herring lays a million eggs of which only one may be hatched. The sun is a spendthrift when you consider that only a minute fraction of its light & heat ever reaches anything in space. "So must research be lavish." Many an unhampered experiment at Eastman tends to stray from the field of photography. In a vacuum of one-millionth atmospheric pressure, Dr. Kenneth Claude Devereux Hickman...

Author: /time Magazine | Title: Science: Industrial Insides | 11/4/1935 | See Source »

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