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Charles Edison thereupon found himself not only on a tough job but in a curious personal relationship with other Navy rankers. By statute and regulation the Assistant Secretary has under him the Navy's "shore establishments" (Yards & Docks; Engineering; Construction & Repair; Supplies & Accounts). He also has much to do with the Bureaus of Aeronautics (planes) and Ordnance (guns). But he -is exclusively responsible for none of these; the Chief of Naval Operations is also interested. And over both is the Secretary of the Navy. But he is exclusively responsible for none of these; the Chief of Naval Operations...

Author: /time Magazine | Title: NATIONAL DEFENSE: Strong Arm | 2/20/1939 | See Source »

...King and Queen are good for many a laugh. When he complains of his duties, she retorts: "All right, be huffy and abdicate." Thereupon he goes into a song called I'm King Useless the Useless. When the Queen bids him bring about cooperation, "as you did in Paris," the King replies: "Oh, so that's what I did at Paris...

Author: /time Magazine | Title: Theatre: Club Life in England | 2/20/1939 | See Source »

...Thereupon last week's look-see into insurance began to diverge from the Armstrong pattern of 33 years ago. The Armstrong Commission was primarily interested in insurance by itself; the Monopoly Committee is out to survey "the economic power inherent in the vast investment funds controlled by insurance companies. . . ." Today the largest 49 legal reserve companies hold 11% of the U. S. debt, 9.9% of all outstanding municipal bonds, 22.9% of all railroad bonds, 22% of the public utility debt, 15% of the industrial debt, 14.5% of urban mortgages. The Metropolitan alone now invests...

Author: /time Magazine | Title: THE GOVERNMENT: Swing Session | 2/20/1939 | See Source »

...prove he has a sense of humor, Minister Goebbels' newssheet, Der Angriff, thereupon began a joke contest. First prize...

Author: /time Magazine | Title: Foreign News: Purged Comedians | 2/13/1939 | See Source »

...thereupon voted, 296-to-5, to "indict the Neutrality Law," urge its amendment so as to effect discrimination against treaty-breakers...

Author: /time Magazine | Title: National Affairs: Pressure Groups | 2/13/1939 | See Source »

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