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...Francisco last week was the starting point of what was described as the greatest gold shipment of all time. Two billions in bullion, one-third of all the gold in the land, began to move 1,440 mi. to the U. S. Mint at Denver. And 1,796 mi. farther east, beneath a huge portrait of Benjamin Franklin in his big new Washington office, sat the bald-headed man who was morally, physically and financially responsible for the fabulous shipment. By law it was up to Postmaster General James Aloysius Farley to get the Government's gold from mint door...

Author: /time Magazine | Title: MONEY: Perils & Profits | 9/10/1934 | See Source »

...squall from the north when the boats were running before a brisk southerly breeze blew Yankee's parachute spinnaker flat against her mast, broke the jumper strut and forced her to withdraw from the third race. After the fourth, which Rainbow won in a fresh breeze over a 30-mi. triangle, by two-and-a-half minutes, observers were prepared to hear that Rainbow had been selected. Instead, they learned that another race had been scheduled for the next...

Author: /time Magazine | Title: Sport: Rainbow Defense | 9/10/1934 | See Source »

...Barrel-chested Marvin Nelson of Fort Dodge, Iowa, for the third time in the last five years: the $5,000 first prize in Toronto's annual 15-mi. swimming race; in Lake Ontario, where the temperature averaged 58°. Of the 89 other contestants, only four finished...

Author: /time Magazine | Title: Sport: Who Won, Sep. 10, 1934 | 9/10/1934 | See Source »

...reached Cleveland in a pouring rain, three minutes behind his 1933 time. The crowd cheered, sirens screamed, Col. Turner cursed. Eight minutes later he headed east again, "poured on the coal," streaked to New York at half the speed of a high-powered rifle bullet, covered the 418 mi. in 1 hr. 24 min., broke his own transcontinental record...

Author: /time Magazine | Title: Aeronautics: At Cleveland | 9/10/1934 | See Source »

...Harold Stirling Vanderbilt's America's Cup contender Rainbow: a 30-mi. race against Frederick Henry Prince's Weetamoe; in light winds, off Newport. After the race, the New York Yacht Club's selection committee announced that Weetamoe had been eliminated as a possible defender, waited to see what Yankee, winner of most of the trials, could do against Rainbow in a stiff breeze before making a final selection...

Author: /time Magazine | Title: Sport: Who Won, Sep. 3, 1934 | 9/3/1934 | See Source »

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