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...starving for raw materials; the Belgian Congo is one of the richest properties in Africa. Dr. Schacht's scheme was that Germany should buy $84,250,000 worth of Congo copper, tin and oil, pay for it within a specified time with thermometers, automobiles, safety razors, cameras, et al. One potent group in Belgium hailed this scheme with delight, for as special inducement Dr. Schacht was willing to have all the Congo imports carried in Belgian freighters. Catch to all this is that Belgian manufacturers are opposed to seeing their country flooded with German manufactured goods. Premier van Zeeland...
Burned at Nice three-and-a-half years ago was the famed $3,900,000 gambling casino Palais de la Mediterranee built by the late railroading Jay Gould's son Frank Jay (TIME, Dec. 4, 1933 et seq.). Burned at Juan-les-Pins last week was another Gould casino, with Frank Jay inside as flames burst from the stage. "Under Gould's personal direction," reported Associated Press, "the crowd was evacuated...
...good newspaperman would rather have his name above a story than in it. Last week Morris Watson, legal guinea-pig of the American Newspaper Guild's test case against the Associated Press (TIME, June 29 et seq.), not only had his name in a story but that story was before the Supreme Court of the United States and its climax became the law of the land...
Died. George Campbell Smith Jr., 45, president of Street &Smith Publications, Inc. (Love Story, Western Story, et al.), grandson of Street &Smith's Founder Francis S. Smith; after brief illness; in Manhattan...
Much that only Soviet statesmen knew while the Moscow trials of Old Bolsheviks for "Trotskyism" were being prepared (TIME, Feb. 8 et ante) came out last week as the Russian Cabinet or Council of People's Commissars issued its annual spring orders to the entire nation, a batch running to thousands of words...