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...built up the marvelous organization of propagandists, spies and deserters who finally erected themselves into the nucleus of a state. True, Professor Masaryk was indispensably assisted by Dr. Edouard Benes, now Foreign Minister, but none the less Professor Masaryk is the Father of Czechoslovakia. His propagandists are become statesmen, his spies heroes, his deserters officers in the Army of the Republic...

Author: /time Magazine | Title: INTERNATIONAL: Potent Birthdays | 11/12/1928 | See Source »

Perceiving that the Regent (now Emperor) of Abyssinia might yield to Royalty what he would not to statesmen, Commoner Mussolini enlisted the aid of King Vittorio Emmanuele's smart cousin, the Duke of Abruzzi. With pomp and panoply, the Duke and a suite of Royal proportions crossed the Mediterranean, sailed down the eastern coast of Africa, and then struck inland to Abyssinia and its remote capital, Addis Ababa. Of assistance in thawing the suspicious Regent's reserve was a huge, shiny Issota-Fraschini limousine, a de luxe Italian product which sells in the U. S. for some $18,000. This...

Author: /time Magazine | Title: Fascist New Year | 11/5/1928 | See Source »

Unquestionably discussed by the three statesmen was the well known general thesis of Reparations Revision which was first broached between the German and French Foreign Ministers, Stresemann and Briand, during their once famed but now forgotten luncheon conference at Thoiry (TIME, Sept. 27, 1926). As generally envisioned, today, the project involves scaling down the future Dawes Plan payments to be made by Germany, in return for a present lump payment from Germany to the Allies. The only way that Germany can raise such a sum is to sell in the general investment market securities amounting to a mortgage...

Author: /time Magazine | Title: Foreign News: Readjusting Reparations | 10/29/1928 | See Source »

Reports of the conference with Mr. Morgan were to the effect that the world market could not absorb sufficient German bonds to make the lump payment project feasible. In this case the statesmen can do no better than to definitely fix the amount of the annual payments, and the numbers of years during which Germany shall continue to pay them...

Author: /time Magazine | Title: Foreign News: Readjusting Reparations | 10/29/1928 | See Source »

Hotly pressed last week was the annual battle between statesmen who want to balance the Budget of France by the first of the year and politicians who would like to go on talking about it until early spring...

Author: /time Magazine | Title: Foreign News: Budget Battle | 10/29/1928 | See Source »

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