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Thus the world stage was tentatively set last week for a dummy Lausanne Conference to be followed by a London Conference at which superhuman efforts would be made to sway U. S. public opinion and eventually crack Congress' anti-cancellation coconut...

Author: /time Magazine | Title: INTERNATIONAL: World Conferences | 6/13/1932 | See Source »

After Samuel Insull's gigantic utility empire began to crack up (TIME, April 18 et seq.), people thought the bankers would keep the Dean of Utility Operators to help them salvage the wreckage. But last week 73-year-old Samuel Insull resigned from the chairmanship of his three finest operating properties, Commonwealth Edison Co., Peoples Gas, Light & Coke Co., Public Service Co. of Northern Illinois. Said he: "Due regard for my health necessitates my retirement. . . ." He also re-signed as one of the three receivers of Middle West Utilities, subject to court approval. But La Salle & Wall Streets, noting...

Author: /time Magazine | Title: Business: Troubles | 6/13/1932 | See Source »

When a Hungarian military plane crashed at aerial maneuvers near Rome, Premier Mussolini took quick, expensive action to prevent a crack in the Italo-Hungarian entente. He despatched as a gift to the Hungarian Government a brand new Italian plane painted boldly with the words "Justice for Hungary!" Next he commanded that a memorial shaft be raised to the two Hungarian airmen who lost their lives in the crash, George Enders and Julius Bittay. Finally Italy's Dictator sent to each of the dead men's families in Hungary a present of 50,000 lire...

Author: /time Magazine | Title: ITALY: Action! | 6/6/1932 | See Source »

...from Buffalo one day last week went Harvey Ogden, crack test pilot for Curtiss Airplane & Motor Co. in an experimental observation plane Curtiss had built for the Army. He was to "fly its wings off" if he could. At 15,000 ft. he did. As the ship started boring earthward Pilot Ogden jumped, pulled his parachute ripcord. A flailing wing slashed the 'chute shrouds, Pilot Ogden plummeted to earth. The billowing 'chute drifted lazily in the wind, fluttered to earth an hour later, miles from where the body struck...

Author: /time Magazine | Title: Aeronautics: Test | 5/30/1932 | See Source »

With a loud crack the ring on the starboard cable broke. The Akron rolled to port like a porpoise. As the ship lurched, 100 sailors in the port ground crew dragged with all their might. Some even climbed up the grab lines the better to hold down the bouncing ship.* A sudden blast of air drove the ship up, jerked the crew into the air. Most of them dropped off, sprawled in a heap on the ground. One plunked down 20 ft., fractured his arm. But soaring rapidly the Akron jerked three sailors so high that they dared...

Author: /time Magazine | Title: Aeronautics: Three Men on a Rope | 5/23/1932 | See Source »

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