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...operate against Villa who had raided Columbus, N. Mex. This was one of the first serious problems Mr. Baker had to meet. He called a conference in his office in which I took part. Upon the suggestion of General Bliss, who was present, General Pershing was selected as commander of the Punitive Expedition. In making this suggestion General Bliss pointed out briefly how Pershing was the logical man as he was on the ground, knew the situation and was thoroughly competent. General Pershing did the best he could notwithstanding the many embarrassing handicaps which .were placed upon him. He demonstrated...

Author: /time Magazine | Title: Letters: Sep. 9, 1929 | 9/9/1929 | See Source »

What was the reason for such frenzied Presidential "rallying"? Without presuming to guess, observers noted as significant that last week the supreme command of the Soviet forces threatening China was entrusted to a Comrade-Commander who, paradoxically, once served in the Chinese Revolution as staff adviser to Marshal (now President) Chiang Kaishek. The Comrade-Commander is Vassili Constan-tinovitch Blücher, onetime oiler of Tsarist locomotives, today the most important man in Asia...

Author: /time Magazine | Title: RUSSIA-CHINA: Blucher v. Chiang | 9/2/1929 | See Source »

...their hour of triumph the Chinese Nationalists broke with the Soviet Govern-ment (TIME, April 25, 1927) which had so largely financed their successful revolution. Comrade Blücher returned to Moscow. His assignment last week to command the Soviet Eastern Army, massed along China's Manchurian frontier, was a shrewd, logical stroke, well calculated to shake Chinese morale...

Author: /time Magazine | Title: RUSSIA-CHINA: Blucher v. Chiang | 9/2/1929 | See Source »

...Commander Richard Evelyn Byrd and his mates in Little America, Antarctica, saw the sun again as southern hemisphere spring approached. Commander Byrd hoisted the U. S. flag?also British and Norwegian flags?for the first time since April and said: "This is a big day for us, because of the return of the sun, and a bigger day because it is Larry's [Laurence McKinley Gould, second-in-command] birthday." Wrote Russell Owens, official correspondent (New York Times]: "The ice cliffs sparkled like gigantic mirrors winking back a message of welcome to the sun as if there was some secret...

Author: /time Magazine | Title: People: Sep. 2, 1929 | 9/2/1929 | See Source »

...even 30 times earnings, only three prominent motor stocks were selling at "15 times" or more. Many were below the ten times ratio even in the bull market of 1929. The following table shows recent prices of a number of representative automobile stocks and the price they would command at "15 times" according to first-six-months reports...

Author: /time Magazine | Title: Business & Finance: Slow Motors | 8/26/1929 | See Source »

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