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...Almost the first thing that an American regains when business recovers a little is his resentment to administrative interference in his affairs. Upon such a complex it would be impossible to impose a planned economy. There are other reasons why such a scheme is impracticable. The existence of plenty is a condition of liberty and multiplies the individual choices thus making it intractable to planning. In an economy of plenty the consumer is the master of the situation, while a planned economy demands that the producer be the master...

Author: NO WRITER ATTRIBUTED | Title: Collective Control a Necessity, Assets Lippmann to Third Capacity Audience | 5/18/1934 | See Source »

...problem of European armaments is complex; if we are to get anywhere with it we must first park our emotions outside. Pacifists and militarists alike have indulged in a good deal of loose talk on the subject. Most pacifists are not sufficiently informed; their arguments and accusations frequently boil down to nothing more substantial than Sir Arthur Eddington's definition of the Quantum Theory -- i.e., "Something unknown is doing we don't know what." Most militarists are insincere...

Author: NO WRITER ATTRIBUTED | Title: ARMS AND THE MEN | 5/14/1934 | See Source »

Barbara Stanwyck as "Gambling Lady" successfully plays her way through an unusually complex plot. Her father, Mike, the "last of the honest gamblers," commits suicide, in preference to turning dishonest, when he goes broke. Lady Lee gets a job with a crooked gambling syndicate and despite all temptations, she always plays on the square. While playing poker for the syndicate, on Park Avenue, Lady meets wealthy young Garry Madison (Joel McCrea), who falls for her and pursues her everywhere, even after she goes to jail for the crooked dealings of her syndicate. Finally she marries him, only to find...

Author: NO WRITER ATTRIBUTED | Title: CRIMSON PLAYGOER | 5/8/1934 | See Source »

Four biggest arms makers are England's Vickers-Armstrong, France's Schneider-Creusot, Germany's Krupp, Czechoslovakia's Skoda. Their interlocking connections (which Authors Engelbrecht & Hanighen show in charts) are almost incredibly complex; the only real competitor any of them has is peace. Says Author Seldes: "It is a recurrent paradox of the international gun trade that nations arm their enemies." During the War German scrap iron at the rate of 150,000 tons a month was shipped into France, via Switzerland. French bauxite (aluminum) found its way into the construction of German submarines; German barbed...

Author: /time Magazine | Title: Books: Dragons' Teeth | 5/7/1934 | See Source »

...rarely have their tables of stone weathered the drizzle of a single generation. Of the modestly minor interpreters of the modern U. S., Lewis Mumford has one of the most respectful followings. No Jeremiah, no hard-shell Marxian, with no patent axe to grind, he goes at the complex mass of modern civilization with all five senses. Technics and Civilization, scholarly, ambitious, big (495 pp.), does not attempt to be a Bible for any creed, but it may well prove to be a milestone in the circuitous study of the Machine...

Author: /time Magazine | Title: Books: Neotechnic | 5/7/1934 | See Source »

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