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...based upon financial reorganization of the airplane companies which previously had contracts, is being voiced in Congressional circles. It would mean delay in getting airmail service unless temporary arrangements are made, because any financial reorganization of airmail companies would take months and possibly a year or more. In the interim, with few exceptions, the only companies that are responsible and can meet airmail schedules are those now in business. Hence the return of the airmail service to private hands on the basis of 60-day contracts, which could be extended from time to time and cancellable whenever the provisions...

Author: By David Lawrence, | Title: Today in Washington | 3/9/1934 | See Source »

...Senate President Roosevelt sent nominations of more than 100 men who had already received interim appointments in the Administration. Included were those of Secretary of the Treasury Morgenthau, three Assistant Secretaries of State, two Ambassadors, two Federal Trade Commissioners, 19 Ministers...

Author: /time Magazine | Title: THE PRESIDENCY: Shock & Surprise | 1/15/1934 | See Source »

...same day that President Roosevelt announced his new policy of buying and minting domestic silver (see above), he received an interim report from the RFC on his gold buying program. Out of $75,000,000 allotted it since the start of the purchase plan Oct. 26, the RFC had spent $17,000,000 on domestic gold, $45,000,000 on foreign gold. Therefore to maintain its buying power in the gold market the RFC was allotting itself another $25,000,000. President Roosevelt felt that $100,000,000 was a cheap price to pay for eight weeks of his experiment...

Author: /time Magazine | Title: Money Changers | 1/1/1934 | See Source »

...currency have several times been before Congress. In this emergency last week President Justo temporized, unwilling to appoint either an inflationist or an anti-inflationist as Finance Minister. He turned the office over to a virtual caretaker, Minister of Justice & Education Manuel de Iriondo, making him Finance Minister ad interim. To test public opinion the President announced that Argentina will continue to follow the policy of "No moratorium, no waste and no inflation!" That this policy is President Justo's own no Argentine doubted, but he was believed to be weakening, tempted to embrace the price-raising policy...

Author: /time Magazine | Title: ARGENTINA: Spartan Out | 7/31/1933 | See Source »

After President Edward Dickinson Duffield of Prudential Insurance Co. consented, as a loyal, energetic alumnus and trustee, to act as Princeton's president ad interim (TIME, May 30, 1932), the Princeton trustees continued to search the field and their feelings for a permanent successor to Dr. John Grier Hibben. Names mentioned ranged all the way from Calvin Coolidge and Herbert Hoover down through a roster of eminent Princeton alumni to handsome young James Henderson Douglas, class of 1920, who made a name for himself as Assistant Secretary of the Treasury during the March banking crisis. When the trustees...

Author: /time Magazine | Title: Education: Kudos Jun. 12, 1933 | 6/12/1933 | See Source »

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