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Various expedients have been proposed to thwart the depression, most of them involving some more or less temporary modification of the present economic system. Such are the various arrangements of barter, and Howard Scott's contribution, Technocracy. Certain Senators and other men in public life have recently added another proposition to the list: namely, an inflation of currency. The issuance of currency which is not redeemable in gold, in a nation which is not redeemable in gold, in a nation which is on the gold standard, is what is ordinarily meant by inflation. This is what the advocates...

Author: NO WRITER ATTRIBUTED | Title: QUOCUMQUE MODO REM | 1/25/1933 | See Source »

...fuel stops at Columbus, St. Louis, Wichita (where pilots change), Albuquerque, Seligman, Ariz, Among the pilots is famed Clyde Pangborn (round-the-World, 1931). Unbound by mail contracts or by required intermediate stops, the company may vary the planes' routes at will to escape bad weather, also to thwart possible attempts at robbery...

Author: /time Magazine | Title: Aeronautics: Air Cargoes | 12/12/1932 | See Source »

...widespread suspicion existed that R. F. C. had made this accounting to the country to thwart further publication under the law of its month-to-month activities. When Clerk South Trimble of the House of Representatives released R. F. C.'s July report (TIME, Aug. 29). the corporation's directors were greatly dismayed. Late last month Chairman Atlee Pomerene submitted his August report to Clerk Trimble, begged him to hold it in confidence. "The publication of the July report," wrote Democrat Pomerene to Democrat Trimble, "caused serious embarrassment to a number of borrowers. It gave rise to much unjust criticism...

Author: /time Magazine | Title: BOARDS & BUREAUS: R. F. C. Outgo | 10/17/1932 | See Source »

...which are to be given in June 1933. In May the papers went to the printers. Last week the examining proctors at schools and examining centres all over the world handed out papers prepared in December 1930. They did it simultaneously every day, allowing for differences in time, to thwart shrewd youngsters who might receive news of examinations by telegraph from East to West. There is no "honor system," for the Board realizes that while a student may be honest in loyalty to his own institution and his own kind, he may not honor a distant nebulous Board whose emissaries...

Author: /time Magazine | Title: Education: College Boards | 7/4/1932 | See Source »

...nominees for Congress are not bound to vote for the new amendment. Thus the voters might return a Republican majority to the House only to discover that most of them had Dry "convictions," were able to block resubmission at the very outset. Moreover, 13 Dry State conventions could still thwart ratification of any amendment Congress might pass. Thus only optimistic Wets thought the plank meant legalized liquor in the near future with Republicans running the country...

Author: /time Magazine | Title: National Affairs: 500 Words | 6/27/1932 | See Source »

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