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...behind Bills introduced in the New York legislature last week to incorporate New York & New England Motorways Corp. Proposed was a high-speed, four-track toll boulevard between New York City's northern rim and New Haven, Conn. (85 mi.). Two hundred million dollars private capital would construct, maintain and police the project. All crossroads would be bridged over. The centre roadways, divided by a metal fence, would have a minimum speed limit of 35 m. p. h. Slower traffic would move on the outer lanes...

Author: /time Magazine | Title: TRANSPORTATION: Motorways | 4/14/1930 | See Source »

...aims and purposes of the San Francisco Exchange, according to its constitution: "To develop and maintain just and equitable principles of trade and business. ... To promote and enforce high standards of commercial honor and integrity.'' *San Francisco firms with New York membership: Anderson & Fox, J. Earth & Co., H. J. Barneson & Co., Wilcox Drake & Co., Wm. Cavalier & Co., Graves, Banning & Co., Schwabacher & Co., Sutro & Co., Walsh O'Conner & Co., Dean Witter & Co., Chapman De Wolfe & Co. New York firms with San Francisco membership are: E. F. Hutton & Co., Logan & Bryan, McDonnell & Co., E. A. Pierce & Co., Russell, Miller...

Author: /time Magazine | Title: Business & Finance: First Quarter | 4/7/1930 | See Source »

...sure we continue to re-hash the Monroe Doctrine. We appoint and send commissioners to investigate, to advise, to report. We maintain our traditional aloofness to foreign entanglements. Why not consider the state rights of citizens of the Western Hemisphere in line with our own political experience? In the meanwhile our sister republics read and reread TIME. The unofficial promise it contains, the friendly American grin it brings to mind vanishes dread bugaboos of imperialistic satraps and oil barons...

Author: /time Magazine | Title: Letters: Mar. 31, 1930 | 3/31/1930 | See Source »

...While looking ahead at the amendment I despaired of any success. I really think that it is possible, if we keep at it, to achieve a satisfactory result. The persistence with which the people maintain in Congress a two-thirds majority in both houses gives me much hope, and I am inclined to think that this will wear down the moderate Wets to a consciousness that the only solution is pressure in favor of enforcement...

Author: /time Magazine | Title: PROHIBITION: Taft Conversion | 3/31/1930 | See Source »

Under the now abandoned law, Nebraska's State banks were taxed to maintain a special State fund with which to pay depositors in banks that failed. It seemed like a sure guaranty until farm deflation sent banks into bankruptcy faster than the State fund could be replenished. The State fund was $20,000,000 in the red when the Nebraska Legislature decided fortnight ago there was something wrong...

Author: /time Magazine | Title: THE STATES: Nebraska's Guaranty | 3/31/1930 | See Source »

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