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...ally for the French-&-Danish blooded Behns in flinging their communication net over the world. And just as henceforth Kreuger & Toll's great banking resources will prob ably be available for the International system, Herr Kreuger will come closer to alliance with J. P. Morgan & Co. and Na tional City, bankers for International. In addition to acquiring the talent of Herr Kreuger, International receives properties of tremendous value. The I. T. & T. system will now consist of 1,000,000 telephones in 14 nations. It will have manufacturing units whose combined business will reach a total...

Author: /time Magazine | Title: Business: Ericsson to I. T. & T. | 6/29/1931 | See Source »

...retrench." In Buenos Aires last week correspondents were "reliably informed" from a Government source that Sir Otto would give Brazil a different piece of advice. His report would recommend, the correspondents were told, a "national moratorium" (postponement of payments) on all foreign obligations of Brazil's Na tional and State Governments. Sir Otto, although Vice Governor of the Bank of England, went to Brazil to oblige her chief British bankers, the House of Rothschild. He did not go at the invitation of the Brazilian Government. When cables screeching "Niemeyer Moratorium" reached London last week the House of Rothschild, startled...

Author: /time Magazine | Title: Foreign News: Nations Must Live | 6/8/1931 | See Source »

...enactment of the gaming statute crowded Reno's palaces of chance with increased patronage, although no addi tional halls were opened. The new law merely makes legal what has gone on 24 hours daily for years. The famed Bank Club, however, was preparing to knock out a wall to provide larger quarters for the gamesters. Each game was taxed $50 a month, 50%, of which will go to the city in which it is collected, the remainder split between county and State. Slot machines were licensed at $10 a month. Although the State passed an antigambling law in 1910. since...

Author: /time Magazine | Title: STATES & CITIES: Only Free State | 3/30/1931 | See Source »

...Cancer Ogre. They burn the turbulent, riotous cancer cells to death. But they may also kill healthy cells. Only expert technicians should fight cancer with X-rays or radium. (The same warning applies of course to the scalpel or cautery wielder.†) Research. Although the causes and ra tional treatment of Cancer are undetermined, a vast amount of research on the subject has piled up. Most of it is recent accumulation. First important international conference was held at Lake Mohonk, N. Y. in 1926. The U. S. has nine first-rate research centres, three in Manhattan, one each in Boston...

Author: /time Magazine | Title: Medicine: Cancer Crusade | 1/12/1931 | See Source »

President of the new company will be Arthur Frank Adams, onetime lineman, now Associated's chairman and generally regarded as a mainspring of its internal tional organization...

Author: /time Magazine | Title: Business & Finance: Transamerica into Telephones | 10/20/1930 | See Source »

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