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Evidence is accumulating to prove that the country is facing a more acute situation in the coal industry than the public realizes. It has been the general assumption that the coal problem could not possibly be worse than during the past year, but labor leaders and employers fear that the worst...

Author: /time Magazine | Title: COAL: Three Critical Dates | 5/5/1923 | See Source »

...second date is August 31 when the agreement between the operators and the United Mine Workers in the anthracite regions terminates. If the Coal Commission has not damned either the operators or the union in its data (that is, if the responsibility for the coal problem seems to be about evenly distributed in the Commission's opinion) we will be faced with a capital and labor battle with both sides evenly matched. Neither side will be able to use the Commission's report as propaganda, and the issue will be decided by relative strength...

Author: /time Magazine | Title: COAL: Three Critical Dates | 5/5/1923 | See Source »

This is the time of year when the financial markets become absorbed in the farmer's problem of planting his new crops. A report of the U. S. Department of Agriculture states that crops will be planted this spring in the following proportions of the 1922 acreage: cotton, 112%; spring wheat, 91.5%; corn, 102.6%; oats, 102.6%; barley, 105.7% ; flax, 189%; potatoes, 90.9%; sweet potatoes, 97.5%; tobacco...

Author: /time Magazine | Title: FARMERS: Prospects | 5/5/1923 | See Source »

Lord Curzon's speech in London a little more than a week ago advising Germany to make an offer to the French and Belgians has evidently had some effect in Germany. Chancellor Cuno announced that he is about to take an important step in connection with the reparations problem...

Author: /time Magazine | Title: Foreign News: The Ruhr: May 5, 1923 | 5/5/1923 | See Source »

...touch with Bonar Law than any other man in the Cabinet. He has also considerably increased his prestige by his handling of the budget. 2) Lord Derby, the Secretary of State for War. Lord Derby's knowledge of the continent and his known sympathetic understanding of the Ruhr problem would make him a popular candidate. He is also regarded as an excellent politician, having held many important Cabinet posts in former Governments. 3) Lord Curzon, Secretary of State for Foreign Affairs, who, while his valuable qualities are appreciated, has gained much unpopularity from his handling of the first Lausanne...

Author: /time Magazine | Title: BRITISH EMPIRE: Parliament's Week: May 5, 1923 | 5/5/1923 | See Source »