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...view of the authors' function as expedition leaders, one appreciates their matter of fact style, even if one misses highly reflective and imaginative writing. They describe dangerous rapid-shooting and unruly pony caravans in terse language. Consequently, such light touches as the doctor's delight in finding a native with a rare skin disease, the rooster imitating a missionary who disturbed the natives, and the pet gibbon who juggled a Tang Dynasty plate without smashing it come as high spots in the story...

Author: By W. S. T., | Title: BOOKENDS | 3/16/1933 | See Source »

...Greatly Enhanced.' President Hoover's moratorium stopped Young Plan payments, apparently for good & all, but oddly enough the Cash Register of the Young Plan continues to function. Between them President McGarrah, Alternate Fraser and their Board have developed profitable B. I. S. sidelines in handling League of Nations loans, and transfers among Europe's central banks. In his 1932 report President McGarrah was able to show a B. I. S. profit for the fiscal year of 15,182,818 Swiss francs ($2,929,524) and proudly declared, "It is a satisfaction to confirm that the usefulness...

Author: /time Magazine | Title: INTERNATIONAL: Red Tape Cutter | 2/27/1933 | See Source »

After a lot more such Menckenese came the recommendation: that because free education-for-all has failed completely and miserably, the "bogus experts" be thrown out and the pedagogues be restored to their proper function of teaching only the elements, only the three R's. Can it be done? Says H. L. M.: "Any publicist bold enough to flout them would be posted instantly as an agent of the Pope, if not, indeed, of Beelzebub. . . . The remedy, I suspect, is in the hands of God alone. . . . I begin to see significant signs. ... In dozens of American communities, large...

Author: /time Magazine | Title: Education: Mencken v. Gogues | 2/20/1933 | See Source »

...Chief function of Realty Stabilization Corp. will be to direct the refinancing of matured mortgages on the basis of present property valuations. The difference between this sum and the face value of the mortgages the corporation will supply from R. F. C. funds, the R. F. C. getting, in effect, second mortgages...

Author: /time Magazine | Title: Business & Finance: Mortgage Troubles | 2/20/1933 | See Source »

...root of the matter is the fact that the Class Officers in question have no function save their own elevation to importance. It is difficult to arouse interest in the election of figureheads for the Red Book. Time and again these arguments have been presented to the Student Council, and have been coupled to more significant demands for the economy which could be effected by the abolition of lower class officers. The Student Council is impervious; there is, of course, the tradition...

Author: NO WRITER ATTRIBUTED | Title: FRESHMAN OFFICERS | 2/14/1933 | See Source »

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