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Sirs: . . . Anent the story of the Washington peanut vendor, it is the perfect publicity story. If said story was saved during election campaign, it could net candidate using it 100,000 votes throughout the country. The story is the acme of a pressagent's glorious triumph-pathos, human interest, and the milk of human kindness- also BUNK. The story was obviously concocted to entrench more solidly the President with the ''masses," and of course it brought countless remarks from the gullible as to the kindness of the understanding pilot of the great ship of state. Would TIME...

Author: /time Magazine | Title: Letters, Feb. 12, 1934 | 2/12/1934 | See Source »

...William P. MacCracken was not the big fish whom Senator Black was trying to catch in his net. The Big Fish was ex-Postmaster General Brown. Mr. Brown was not summoned, did not appear to testify. Senator Black indicated that he would be glad to question Mr. Brown if Mr. Brown would waive immunity. Mr. Browrn made no move. He remained in Manhattan where he is board chairman of Hudson Tubes, the sub-river line William Gibbs McAdoo built between Manhattan and Jersey City. Other witnesses told the following tale to the Committee...

Author: /time Magazine | Title: THE CONGRESS: Pay Dirt | 2/12/1934 | See Source »

...Wright Whirlwind engine, onetime vice president of Curtiss-Wright Corp. One day last week big, amiable "Charley" Lawrance stood up on a rostrum of a bleak lecture hall at Manhattan's Columbia University. Gravely he drawled from a typewritten sheet: ". . . Cash on hand, $875.06. . . . Accounts receivable . . . 80?. . . . Net worth. $6,077.76." Amid a patter of applause Mr. Lawrance sat down...

Author: /time Magazine | Title: Aeronautics: I. Ae. S.'s Second | 2/12/1934 | See Source »

...Net profits for 1933 were reported at $83,214,000, equivalent to $1.72 a share on the common, against a profit of only...

Author: /time Magazine | Title: Business & Finance: Detroit Doings | 2/5/1934 | See Source »

Last week, when United Fruit reported for its first full year under its new "Managing Director in Charge of Operations," it was clear that Sam Zemurray was still getting what he wanted. A net income of $9,000,000 was more than 50% above 1932 and a three year high for his banana business. This was better than $3 a share against $1.95 the previous year. With $37,000,000 in cash & Governments at the year end United Fruit was in the strongest financial position in its history. But Sam Zemurray still wants more, this week sails to inspect...

Author: /time Magazine | Title: Business & Finance: Bananas on High | 2/5/1934 | See Source »

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