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...discussed on the floor of the Senate or the House, might have a very adverse effect on the Government's credit. . . . Senator: Do I understand you to say that your answer to my question would be such that if it were made public it would adversely affect and seriously injure the Government's credit? Secretary: What I am trying to say is it might be misinterpreted. . . . Senator: On that basis no statement could ever be made because all statements are liable to misinterpretation. . . . Senator Couzens put an end to the argument by announcing that he regarded him self...

Author: /time Magazine | Title: FISCAL: Something So Delicate | 1/27/1936 | See Source »

...Morgenthau tried to explain about the Government's credit: "The thing I am trying to say is this: Since Monday a week ago I do not think anybody in the United States can say what the picture is going to be. So many things have happened that affect the Treasury that I certainly am not smart enough, and I haven't met anybody that is smart enough, who can say what is the future of the Government bond market. Now this whole question of Government credit is such a delicate thing. One day there is confidence...

Author: /time Magazine | Title: FISCAL: Something So Delicate | 1/27/1936 | See Source »

...Government the safest investment that can be made. . . . They are more certain than any other bond to be paid in full at maturity. They have a past record of greater salability in times of emergency than any other security. ... A marked strengthening of money rates might tend to affect unfavorably the market price of securities of all kinds, but I anticipate no great trend in this direction in the near future...

Author: /time Magazine | Title: Business: Banks | 1/20/1936 | See Source »

...Lawrence's finger on the way. He and his men carry little gadgets resembling fountain pens clipped to their pockets, electroscopes to warn them of baneful radiations of the sort that set up tissue necrosis in x-ray experimenters. But neutrons, electrically inert particles, do not affect electroscopes, and penetrate many times farther than x-rays. Dr. Lawrence found that rats placed a few inches from the neutron source lost 80% of their white corpuscle blood count, and if exposure was prolonged the rats developed ulcers, died in two days...

Author: /time Magazine | Title: Science: Particle Protection | 12/16/1935 | See Source »

...test of use, Mr. Knox's platform would remain as shiny and unmarred as the Democratic platform has been. I believe that a new hat on the White House hatrack will change the flow of events little more than a new president of Tel. & Tel. would affect our use of the telephone...

Author: /time Magazine | Title: People, Dec. 2, 1935 | 12/2/1935 | See Source »

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