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...House steps understood what it meant. The nuisance taxes automatically expired June 30. Unless they were extended by Congress in the next five days, the treasury would lose some $1,500,000 a day in revenue. Presumably the Administration was set to drive the extension resolution through in that time???and with it the President's tax proposals. Next day the nation's headlines bannered the news: a vast and unprecedented tax bill was to be made the law of the land in about 120 hours. Senator Harrison spent the night roughing out a draft of the measure the President...

Author: /time Magazine | Title: THE PRESIDENCY: High Haste, Low Speed | 7/8/1935 | See Source »

...great white bandage at his left knee to keep it warm. He chewed gum as his short legs hammered the track like black drumsticks. At the finish he was first by 2 yd., with Simpson second, Metcalfe third, Arthur Jonath of Germany fourth, in world's record time?...

Author: /time Magazine | Title: Sport: Xth Olympiad | 8/15/1932 | See Source »

...flat. Even University of Iowa's lean George Saling had kicked over one hurdle, the last, when it was too late for Beard and Keller, who had fought for the lead through the first 100 metres, to catch him. If he had cleared the tenth barrier, Saling's time??? 14.6 sec.?would have tied the Olympic record. He had beaten it and tied the world's record?14.4?in a semi-final heat...

Author: /time Magazine | Title: Sport: Xth Olympiad | 8/15/1932 | See Source »

...have bound the Conference countries to abstain from the warlike bombing of civil populations, adding that he had Manchuria in mind. When Sir John Simon made two points? 1) that China and Japan are not legally at war; 2) that it would be senseless to prohibit bombing in peace time???Dr. Yen withdrew his resolution in bitter disgust...

Author: /time Magazine | Title: Foreign News: Hoover not Outhoovered | 8/1/1932 | See Source »

...script has been changed, Manhattan spectators, aware of last year's Bank of U. S. failure (TIME, Dec. 22, et seq.), will believe that a modern interpolation must have been made when the collapse of the "United States Bank"? an institution of President Van Buren's time???is spoken...

Author: /time Magazine | Title: The Theatre: Revivals | 10/19/1931 | See Source »

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