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...indication of the manner in which we consider that the United States can most effectively co-operate." Surely here was an achievement of the White House conferences. Foreign oracles quickly interpreted this statement as a bargain between M. Herriot and President Roosevelt that the U. S. was willing to abandon its traditional Isolation and help the eternal French cry for Security in turn for real reduction in armaments and armament expenditures. That was not the only fruit of the Washington conversations to appear in Geneva. Two days later Mr. Davis backed France and Britain to the full against German requests...

Author: /time Magazine | Title: INTERNATIONAL: Nuncio | 5/8/1933 | See Source »

President Roosevelt's decision to abandon gold as the basis of U. S. currency had its roots in developments weeks, months, years ago. The echo of the 1929 stock crash had hardly died away be fore the political cry for more and cheaper money took its place. This cry increased as the value of the dollar climbed higher and higher against the value of goods. President Hoover bucked the demand for currency inflation by attempts at credit inflation, most of them unsuccessful...

Author: /time Magazine | Title: National Affairs: Riding the Wave | 5/1/1933 | See Source »

...National University engineering professor. Supposedly based on an invention of U. S. gangsters, it was an automobile with an iron crib slung underneath. In the crib were 350 lb. of dynamite and TNT, wired to the handbrake and the magneto. Its makers planned to abandon it in front of Havana's police headquarters. When police released the handbrake to drive it away, the huge charge would blow police and headquarters to scraps. The three riggers were whisked off to jail...

Author: /time Magazine | Title: CUBA: A Few Children | 5/1/1933 | See Source »

...deal of Gay if not gayety left in the piece. There are thieves, beggars, constables and trollops willing to sing and speak with irony of their woes. But the time has been changed from Queen Anne's day to Queen Victoria's. And the spirit of cutpurse abandon has been superseded by an atmosphere which is often sullen, often merely dirtily proletarian, often obscure...

Author: /time Magazine | Title: Theatre: New Plays in Manhattan: Apr. 24, 1933 | 4/24/1933 | See Source »

Scrip Out. One of Secretary Woodin's first major decisions was to abandon the idea of scrip as a medium of exchange. Prime objection was that such a substitute currency would not circulate everywhere at par. Declared the Secretary: "Where would we be if we had I. O. U.'s, scrip and certificates floating all around the country?" Despite this ruling, scrip continued in use in small communities that long ago ran short of cash. At Nashville about $1,000,000 worth was put in circulation. The Louisville Courier-Journal paid its employes in scrip, redeemable at advertisers...

Author: /time Magazine | Title: THE CABINET: THE CABINET Off Bottom | 3/20/1933 | See Source »

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