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Royal Escape. Nervous Britons who frown upon the hardy diversions of their Prince of Wales were chilled last week by the crash of a Royal Air Force plane which had just carried the Prince from Khartum to Cairo, on his way home from South Africa. A flying officer and an aircraftsman (pilot and copilot) were killed. Shocked, Edward of Wales was not unnerved. Well aware of the flying tradition that prescribes the "army cure"* he announced he was impatient to get home and wanted his personal pilot to pick him up at Marseilles. British airmen applauded. Pilot and an escort...

Author: /time Magazine | Title: AERONAUTICS: Rentschler Triumphant | 5/5/1930 | See Source »

...Labor Department arbitrarily sets up 1926 employment as 100% against which to reckon the rise and fall of employment. Last September before the stockmarket crash U. S. employment had reached 99.3%. Two months later it was down to 94.8%. In December it dropped to 91.9%, in January, to 90.2%. In February a gain of 1/10 of 1% was hailed as a "turning-of-the-corner." But for March, as revealed last week, employment had dropped down to 89.3%, lowest index since the Labor Department began to compile reports...

Author: /time Magazine | Title: LABOR: Spring Slump | 4/28/1930 | See Source »

...soup atmosphere over Jersey City, narrowly missing rooftops. Pilot John Salway saw a chance to land in a meadow, saw too late the wires that marked it as the county's 200-acre power plant. A wingtip sheared a 132,000-volt wire. A flash, a crash, a geyser of flaming gasoline ended the episode...

Author: /time Magazine | Title: AERONAUTICS: Error of Personnel | 4/28/1930 | See Source »

Many an "unexplained" crash of aircraft might be traced to a loosened airfoil control, a weakened cable, faulty lubrication, dirty fuel. To blame: the mechanic. A fact: mechanics are frequently youngsters. An act: last week Clarence M. Young, Assistant Secretary of Commerce for Aeronautics, ruled: "The minimum age requirement for any class of mechanic's license is 18 years . . . the lowest we can permit while keeping in mind the highly important part the mechanic plays in the safe operation of aircraft, and the need for constant vigilance...

Author: /time Magazine | Title: AERONAUTICS: Diesel Day | 4/14/1930 | See Source »

...Francisco speculators, badly hurt when Bancitaly collapsed in 1927, had hardly recovered when last fall's crash took place, carrying Kolster through a decline much greater than the average. Perhaps for this reason, plus the fact that there is never a large short interest in San Francisco stocks, trading for the first quarter was approximately 20% below that of the first three months last year. But San Francisco brokers, unperturbed, confidently await full development of "The Empire of the West...

Author: /time Magazine | Title: Business & Finance: First Quarter | 4/7/1930 | See Source »

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