Word: statesmen
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Efficient League of Nations secretaries handed out the last armfuls of memoranda (making eight tons in all) at the World Monetary & Economic Conference in London last week. The statesmen of 66 nations, though they had accomplished nothing, seemed as cheerful as urchins about to be let out of school. With thermometers at 91° during the final Conference session, many delegates preferred to sip long drinks at the bar downstairs, leaving their places empty. Those who sat and sweltered whispered jokes among themselves as leading Conference delegates read its swan songs. Depending on the swan, the song was either acrid...
...London three statesmen have been wrestling with dollars, pounds and francs as the mythical Trojan priest Laocoon and his two sons once wrestled with snakes which crushed them for the crime of defying Apollo. Recently the London News Chronicle, which favors cartoons of classic inspiration, printed a Laocoon group (see cut) in which the currency serpents coil around British Chancellor of the Exchequer Neville Chamberlain, James M. Cox, U. S. Delegate and Chairman of the World Conference Monetary Committee, and French Finance Minister Georges Bonnet. Last week, a few hours after the Conference adjourned (see p. 16), Chancellor Chamberlain...
...statesmen exchanged the draft text of an Austro-Hungarian-Italian trade treaty which may prove of utmost impor tance. It is no secret that Il Duce opposes Adolf Hitler's efforts to draw Austria into union with Germany-which would mean that Italy would face on her northern frontier not puny Austria but the potent German Reich. According to the draft text exchanged in Rome last week Italy is ready to agree to increase her purchases from Austria and Hungary and, over a period of years, to buy from them more than they sell...
...brand new white stone edifice with imposing classic columns which was built as London's Geological Museum but converted just before completion to house the Conference (TIME, June 19). Entering incognito, Her Royal Highness poked about. She found most of the committee rooms empty, a few bored statesmen arguing in others. Taken in tow by a Conference doorman she was led to what is eventually to be the Museum's Great Hall of Fossils. "This is the Conference, miss," said the man respectfully. "Right there His Majesty the King stood when he opened this Conference of 66 nations...
...proved the exceeding wisdom of Germany's great iron & steel mongering House of Krupp, now headed by Bertha Krupp's husband, Dr. Gustav Krupp von Bohlen und Halbach. In his own vast organization Dr. Krupp von Bohlen is a high-collared martinet, but in dealing with raw statesmen of the new regime he has proved an ingratiating fellow. Less than three months ago he, as president of the Federation of German Industries, beat a strategic retreat by putting it under Nazi auspices. Last week he fairly bubbled optimism as members of the Federation received official notice canceling previous...