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...explain this to Congress and the public this year. Many politicos are less certain, and the Republican high command is sure Mr. Hull will be rolled over a barrel of imported Argentine beef. It was the farm bloc who wrote the Emergency Tariff of 1921, the Fordney-McCumber tariff boost of 1922, the Smoot-Hawley Tariff Act of 1930. Republicans may again become "friends of the farmer." Last week Mr. Hull said he welcomed an investigation, if it were not made by chums of the Smoot-Hawley tariff...

Author: /time Magazine | Title: THE CABINET: Saint In Serge | 1/8/1940 | See Source »

...Boost for Canals. For more than half a century a dispute has raged in a mild way among astronomers as to whether the "canals" of Mars are real or optical illusions. The canals are easier for imaginative astronomers to see than to record on unimaginative photographic plates. But last week Astronomer Earl Carl Slipher of Lowell Observatory, armed with good photographs of the red planet taken during its close approach last summer, declared that these pictures and others made during the past 35 years all show the canals clearly defined and in the same place...

Author: /time Magazine | Title: Science: Pops | 1/8/1940 | See Source »

...Neatest financial trick of the week was accomplished by Secretary of Agriculture Henry Wallace: By reducing the Government subsidy on cotton exports, he helped boost the price of cotton. He originally got a $36,000,000 fund with which to subsidize exports. He spent about $32,500,000, paying 1½?a Ib. to subsidize exports of 4,344,434 bales. To conserve the balance of this fund, the subsidy was cut in half, midnight, Dec. 5. A few days later, it was cut to 2/5?, again last week to 1/5?. Anxious to share in the Government subsidy before...

Author: /time Magazine | Title: STATE OF BUSINESS: Dollar Wheat | 12/25/1939 | See Source »

...speeds without consulting the union-but gripes about speeds may be appealed to the grievance board. The union succeeded in throwing out the old, ineffective ban against any & all strikes, gave an absolute pledge not to sitdown, stayin, slowdown. On wages, the union asked a general 10?-per-hour boost for Chrysler's 58,000 workers, dropped to 5?, got 3? (plus additional raises for 5,000 in special classifications). Total annual wage increase: about...

Author: /time Magazine | Title: LABOR: Trouble Over | 12/11/1939 | See Source »

Thus Philadelphia's transit system finally emerged from behind the eight ball. The reorganization will save $5,800,000 in fixed charges each year-enough to boost 1935's $6,139,654 loss toward a 1940 profit. It will also free enough cash to get the company started on a 10-year, $22,000,000 modernization program to replace its lumbering trolley cars and sway-backed busses...

Author: /time Magazine | Title: UTILITIES: 962 Years Lost | 11/27/1939 | See Source »

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