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...friends, he did oppose a big bond issue to pay off the Bonus on the grounds that: 1) such an issue probably could not be sold; 2) savings necessary for business recovery would be absorbed otherwise; 3) "we should end worse off than we began." Unlike his associates, however, Democrat Young favored a compromise, favored upping the loan value of service certificates (now 22½%) for the benefit of really needy cases. The Republican committeemen were thoroughly startled to hear a proposal so out of tune with the other songs of Big Business...

Author: /time Magazine | Title: National Affairs: The Young Plan | 2/16/1931 | See Source »

Indiana's Representative Harry E. Rowbottom, 46, father of one child, has fallen upon bad days. After serving three consecutive terms in Congress, he was defeated last November by Democrat John W. Boehne. And last week he was arrested at Evansville, Ind., charged with having accepted $750 from two relatives of one Gresham Ayer in return for recommending Ayer to be a rural mail carrier.* Venal Lame Duck Rowbottom refused to say anything about the case when he posted $10,000 bond and was released pending organization of a Federal Grand Jury...

Author: /time Magazine | Title: National Affairs: Lame & Venal | 2/9/1931 | See Source »

...Government would supply loans to feed mules, to buy seed for a new crop, but that the Red Cross must minister to the physical wants of destitute farmers themselves. This plan when put into legislation engendered fierce political disputes (TIME, Dec. 29). Putting aside his political principles as a Democrat, Chairman Payne appeared before the Senate Committee to support his Republican President's relief program...

Author: /time Magazine | Title: National Affairs: Red Cross | 1/19/1931 | See Source »

...outsider who thinks at random of St. Louis newspapers, the names of the venerable Globe-Democrat or progressive (Pulitzer) Post-Dispatch come to mind. But throughout the past fortnight both great papers were soundly larruped on St. Louis' newstory-of-the-month - possibly its story of the year: the kidnapping and return of 13-year-old Adolphus Busch Orthwein, grandson of famed August A. Busch (TIME, Jan. 12). The sheet that ran away with the story was the loud, energetic St. Louis Star...

Author: /time Magazine | Title: The Press: Missouri Newshawks | 1/19/1931 | See Source »

...Star's opposition took its defeat in the Busch case bitterly, the Times reputedly discharging three reporters for falling down. The Globe Democrat man had even talked to the elder Abernathy, but could not make him talk "kidnap." The Post-Dispatch had assigned its own No. i newsman, and one not often bested -John T. Rogers...

Author: /time Magazine | Title: The Press: Missouri Newshawks | 1/19/1931 | See Source »

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