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Meanwhile, after a week in which Franco's fighting planes had had much the worst of it in daily dogfights, 21 Franco bombers escorted by 66 pursuit ships hurled 50 tons of bombs down upon a four-mile-square, area of the ten-mile-square advance Leftist positions, huge 200-lb. bombs gouging enormous craters, destroying the point of the Leftist spearhead. This week, grimly determined to follow up their advantage the Rightists reportedly massed 42,000 men on the Madrid front, another 80,000 in reserve. Newshawks were already beginning to talk in anticipation about the "Battle...

Author: /time Magazine | Title: Foreign News: Tyrants & Liberty | 7/26/1937 | See Source »

...themselves up as "autonomous" and independent of the rest of China (TIME, Nov. 25, 1935 et seq.). At about this time a Mr. Yin Ju-keng, a toothy and unappetizing Chinese with potent Japanese in-laws, was set up by Japanese soldiers as the satrap of a tiny strategic area adjoining Peiping and Tientsin which he still holds. General Doihara failed miserably so far as Suiyuan, Shansi and Shantung were concerned and returned to Japan in semi-disgrace. His intrigue had succeeded, however, in bringing into semi-autonomous existence a Chinese regime more or less under Japan's thumb...

Author: /time Magazine | Title: JAPAN-CHINA: Another Kuo? | 7/26/1937 | See Source »

...Jewish State is to contain nearly all the best and most fruitful land in Palestine and is to have the country's only deep-sea harbor, Haifa. Nevertheless, its relatively small area was a heavy blow last week to Jews who have come to look upon all Palestine as "The Jewish National Home...

Author: /time Magazine | Title: INTERNATIONAL: Mandate Unscrambled | 7/19/1937 | See Source »

...party of scientists viewed the | solar eclipse (TIME, June 21). Meanwhile the aircraft carrier Lexington, with 62 planes aboard (instead of 72 as first announced) and an escort of four destroyers, sped out of San Diego at forced draft, stopped in Hawaii to refuel, arrived in the search area early this week. If the Lexington's great fleet of planes could not find the lost flyers. Rear Admiral Orin G. Murfin, coordinator of the search, planned to abandon it. Meanwhile the chance of finding the flyers alive, according to the consensus of searchers, was already down...

Author: /time Magazine | Title: Amelia Earhart - One in a Million | 7/19/1937 | See Source »

...worst default area is Latin America, which accounts for more than one-half of all dollar bonds in default. Approximately 75% of the $1,500,000,000 worth of Latin American dollar bonds outstanding have gone sour in some degree. Only country with unblemished standing in this area of blighted credit is Haiti, which was, in effect, thrown into receivership by the U. S. Marines in the days of Woodrow Wilson. The neighboring Dominican Republic which also received ministrations from the U. S. Marines, has kept up on interests but is behind on sinking fund payments. In national credit standing...

Author: /time Magazine | Title: Business: Dollar Bonds | 7/12/1937 | See Source »

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