Word: ets
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...again was in-again-out-again Jan Valtin, 1941's best-selling tell-all (Out of the Night). The German-born ex-agent for both the Gestapo and Ogpu (TIME, Oct. 6, 1941, et seq.), onetime California jailbird who was pardoned just before Pearl Harbor, then jugged on Ellis Island six months ago as an undesirable alien, was freed on parole, faded back into the night...
Undermining the Underpinning. Economist Moulton takes to pieces the assumptions of Messrs. Berle, Hansen, et al, that: 1) U.S. economy has been built, is now mature and can provide little or no opportunity for new capital investment; 2) the country's annual savings cannot be profitably invested in new production equipment; 3) business now finances expansion with its own reserves, without recourse to the capital markets; 4) the 1937 recession resulted from cessation of deficit spending...
...will have measured all Republican candidates against the Ten Presidential Commandments. (There is no need to measure the only Democratic candidate: the U.S. is coming to know Mr. Roosevelt's measurements.) The process will go on with Messrs. Thomas E. Dewey, Wendell Willkie, Earl Warren, Leverett Saltonstall, et al. Then the voters may be happy to vote according to the Ten Presidential Commandments, with no questions asked. Or they may find that the ten rules are part of a less sophisticated political past...
...Congress. Balding, shrewd Senator Francis T. Maloney (D., Conn.) began hearings before the Banking & Currency Committee on a bill to establish a Civilian Supply Administration responsible only to Assistant President James Francis Byrnes. That would place the civilian on an equal shouting basis with the Army, Navy, et al., when the U.S. supply pie is sliced...
...vivre et de chanter...