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...Caesar." Republican administrations, he declared, encouraged an "orgy of stock speculation" and President Coolidge "figuratively jumped into the stockpit and cheered on the gamblers." Billions of dollars of foreign securities "now practically worthless" were dumped on the U. S. market. The State Department "without sanction of law" usurped the function of passing on these loans and was therefore "implicated" in the disaster. When the Senate unanimously ordered it to desist as financial censor, Secretary Stimson brushed aside the order "with a contempt that entitled him to impeachment." Declared Senator Glass...

Author: /time Magazine | Title: National Affairs: Glass Blast | 11/14/1932 | See Source »

...Planned Economy" is the Soviet period from Stalin's triumph over Trotsky until now. The point is not that Russia adopted a "FiveYear Plan." The point is that, spurred by Josef Stalin, Russians have pursued the socialist line of their revolution and tried to bring every function of the national life-from tractors to abortions-under the regulation of a Planned Economic Order. Its basic concept is not one but an endless series of Five-Year Plans, stretching off into remotest future. Jan. 1, 1933 is the date set for completion of the Five-Year Plan about which everyone...

Author: /time Magazine | Title: RUSSIA: 15th Birthday | 11/14/1932 | See Source »

...still hampered by a long list of injured players, the teams seemed to have some of the speed and power that distinguished the Harvard scoring machine last year. In the 30-minute offensive scrimmage with the Jayvees on Harvard plays, both the A and B teams appeared to function with more snap and eagerness than in any game spectators have witnessed on Soldiers Field this year...

Author: NO WRITER ATTRIBUTED | Title: TEAM SHOWS NEW LIFE IN VIGOROUS PRACTICE SESSION | 11/10/1932 | See Source »

...trend in this direction is plain. A large number of courses include only two lectures per week. The tutorial system, and more particularly the reading period, have emphasized the central importance of reading by the individual student, with supplementary comment in tutorial discussion and in lectures. It is the function of the lecturer, as of the tutor, to suggest what books should be read, and, once they are read, to give a critical interpretation of the material covered. There is no reason to assume that in every case the wealth of an instructor's information over and above that obtainable...

Author: NO WRITER ATTRIBUTED | Title: FEWER LECTURES | 11/3/1932 | See Source »

...chief guest. This he was, of course, much too polite and Distinguished to do. In Constitution Hall, with aged Frank Billings Kellogg presiding, Lord Reading delivered an extremely graceful, circumlocutory and boring address, a brilliant example of how dull a great and able man can be at a formal function. He recalled his distinguished U. S. friendships, expatiated on the profession, on India, on Anglo-U. S. understanding and world depression. Only with the politest indirection did he remind the U. S. ''brethren" that when England moved her high courts to finer quarters 50 years ago, she followed...

Author: /time Magazine | Title: Law: Witnesses in Washington | 10/24/1932 | See Source »

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