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When genial, canny Edward Phillip Farley stepped out of the chairmanship of the U. S. Shipping Board in 1924, he took with him a lesson World War I had taught him. In that war Norway sold ships to belligerents willing to pay fantastic prices for bottoms to carry their precious foodstuffs and implements of war, collected insurance from Great Britain on chartered ships sunk by submarines and mines. In the lull that peace brought to world shipyards the canny Norwegians rebuilt their merchant marine at rock-bottom prices. Even today 45% of Norway's vessels are less than...

Author: /time Magazine | Title: SHIPPING: For Sale | 1/29/1940 | See Source »

...time the check arrived, Pearl had made some resolutions, had theadvice of long-armed Negro Lawyer Raymond Pace Alexander. They ducked well-wishers, salesmen, and returned $2,133.90 to the County Relief Board. They paid their debts, set aside $57,588 for income tax, redeemed the precious things they had pawned. Then they drew a deep breath and cautiously began to acquire a few of the things which, in their wildest moments, they had dreamed about. Pearl got her new home ($3,000) and furniture. Ben got a Packard; Frances, 10, the whole set of Wizard of Oz books...

Author: /time Magazine | Title: National Affairs: Sweepstakes | 12/25/1939 | See Source »

...Since precious little German trade can be sailed, submarined or flown overseas, writing about "new possibilities" or "new pathways" in Vierjahresplan sounded like official whistling in the dark...

Author: /time Magazine | Title: GERMANY: Complete Standstill | 12/18/1939 | See Source »

...spread involved dancing if has involved dancing since the days of the cotillion)." the Bulletin argues, us tongue in its cheek, "and more people would come to a dance if you called it by its spade name. All of which is precious argument. No one ever went to a spread expecting a Punch and Judy show...

Author: NO WRITER ATTRIBUTED | Title: Alumni Bridle at Seniors' Scrapping Of "Spread" Just to Attract Business | 12/12/1939 | See Source »

Revenge, the precious instrument of nature which goaded Satan to tempt Eve, and caused the death of Socrates, is with us now, hanging on a small wall of the Germanic Museum. Never before has the element of vengeance entered the realm of art and music, but in a series of pen sketches by Oberlaender, entitled "Piano's Revenge," a new vista of conjecture is opened for those who appreciate the rare combination of real humor and fine craftsmanship...

Author: By Jack Wliner, | Title: Collections & Critiques | 11/13/1939 | See Source »

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