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Soon the Associated Press rumored exclusively that the "Big Five" were thinking of offering to settle with the U. S. on the basis of a lump sum payment of between $1,250,000,000 and $2,000,000,000. Next day British editors called so big a lump "over-optimistic." In Washington Democrat Rainey bristled: "I think I can say that Congress will not approve such a reduction...

Author: /time Magazine | Title: Foreign News: Lump Sum? | 2/20/1933 | See Source »

...Bank of England, now being splendidly rebuilt on its old site while business goes on as usual. Bus drivers and bankers, typists and tycoons thrilled at the knowledge that on this day "The Old Lady of Threadneedle Street" was dipping into her chilled steel purse for the largest lump sum she had ever paid in gold in a single day, $95,550,000 worth, weighing about 150 tons and consisting of 11,500 bars...

Author: /time Magazine | Title: GREAT BRITAIN: Gold: 150 Tons | 12/26/1932 | See Source »

...still a bit too early to judge by concrete results, but if the Headmaster's report is to be credited, Exeter has apparently found the happy medium between the hickory and sugar-lump theories of secondary education. The Harkness Plan is by no means a new one, but it gains real significance through the high standing of the school which has adopted it and the intelligence with which, to all appearances, it is being executed...

Author: NO WRITER ATTRIBUTED | Title: THE EXETER PLAN | 12/16/1932 | See Source »

...this cheer was for morale, to cheer up the public. For several years doctors have tried to scare everyone with a new, unaccountable lump on his body into running for medical examination. That was all very well, until psychiatrists began to complain that they were being overworked and underpaid by daffy cancer-phobes. It seemed wise to right-face concerning cancer, sound an encouraging clarion...

Author: /time Magazine | Title: Medicine: Cancer is Curable | 10/31/1932 | See Source »

Smilin' Through (Metro-Goldwyn-Mayer) is an old-fashioned cinema, gentle, lachrymose and romantic, calculated to make the throat of any susceptible cinemaddict like that of a giraffe swallowing oranges. The first lump occurs when John Carteret (Leslie Howard) is found moping, at the turn of the century, in his handsome English garden. Disconsolate about a dead fiancee, he is reluctant to console himself by becoming foster-father to her orphaned niece Kathleen. The niece grows up into Norma Shearer and falls in love with a young American (Fredric March) who has come to England to enlist...

Author: /time Magazine | Title: Cinema: The New Pictures: Oct. 24, 1932 | 10/24/1932 | See Source »

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