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...question of prices furrowed Secretary Wallace's brow as deeply as his concern over the half-a-hog vote among farmers. "There cannot be further increases in the percentage of the consumer's dollar that goes to the farmer as a result of reduction in supply," he significantly admitted. What he did not reveal was the fact that farm prices, as a result of drought and reduction, had risen to such a point that the whole Federal adjustment plan was being jeopardized...

Author: /time Magazine | Title: National Affairs: Half Hog | 10/29/1934 | See Source »

...with this problem in mind that Secretary Wallace went to Manhattan to address a Columbia University audience. To them he unburdened some measure of his anxiety for his program's future when he said: "I'd be delighted to be an old-fashioned Secretary of Agriculture and concern myself with scientific matters. It is a calm and peaceful kind of existence, but I don't think we are going to be living in the kind of world in the next two or three years where we can drop our agricultural adjustment program. We are going to ease...

Author: /time Magazine | Title: National Affairs: Half Hog | 10/29/1934 | See Source »

...Government believes that a corporation has, in a given year, laid up a bigger surplus than it "reasonably" needs, simply to dodge taxes, it may punish the concern by a penalty of 25% to 35% on its net income for the year. Last week the Treasury revealed that it had levied such penalties on some 100 U. S. corporations. Prime targets on its lists were personal holding companies. Most famed was Fisher & Co.. holding company of Detroit's six Fisher brothers (automobile bodies), down for $17,199,797 for alleged evasions in 1929 and 1930. Others and penalties...

Author: /time Magazine | Title: TAXATION: Surplus Penalties | 10/29/1934 | See Source »

...shaggy mustache, high wing collars. She had stepped out of her class and married him, given him money to form an orchestra, tour the provinces and down the Volga. Exiled from Russia she helped finance him in Western Europe, became his shrewd self-effacing partner in a music-publishing concern which has sponsored the works of Stravinsky, Prokofiev, Scriabin, Rachmaninoff. Natalya Koussevitzky is rightfully proud of her husband's U. S. achievements. He has polished Boston's orchestra so that it again rivals New York's and Philadelphia's. He has given peerless performances of Ravel...

Author: /time Magazine | Title: Music: From a Boston Balcony | 10/22/1934 | See Source »

...received the news of his father's death, or how the Queen wept over her husband's corpse. It is strange also that, in a country so democratically minded, interest should be concentrated on glorifying the career of a somewhat doubtful Balkan Monarch to the exclusion of any concern at the calamity which has befallen Europe in the death of one of France's greatest foreign ministers. Even your own excellent paper seems hardly to have noticed that a great democratic leader has also died. Surely this must mean more to the immediate future of Europe than the almost unavoidable...

Author: NO WRITER ATTRIBUTED | Title: Monsleur Barthou | 10/15/1934 | See Source »

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