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Whatever the psychological effect of the New Deal's borrowing and spending may have been, the New Deal's easy money policy has certainly given the Installment Plan a big push. With a plethora of bank credit available, the big finance companies have been able to cut carrying charges to more attractive levels. Many commercial banks are now interested in installment paper not only indirectly through loans to merchants and finance companies but also directly in their own installment departments...

Author: /time Magazine | Title: Business: Broader & Easier | 6/21/1937 | See Source »

...should be said that, if these pronouncements do not in themselves create such a new society, others will presently do so, for the same process of reasoning, and the same spirit of accommodation to events, that have extended the meaning of the Constitution to this point can easily push it into new fields." The Federal Government has already assumed responsibilities undreamed of a few generations ago: "It gives financial relief to millions of unfortunates; it clears the slums in cities, assists the people in building homes, pays off the mortgages on the farm, constructs roads, parks, bridges and transportation systems...

Author: /time Magazine | Title: Books: U. S. Constitution | 6/7/1937 | See Source »

...Push...

Author: /time Magazine | Title: Miscellany, May 31, 1937 | 5/31/1937 | See Source »

...brother TIME reader and fraternity brother in the seagoing profession is just a "wee bit" dramatic in parts of his statement but I feel he speaks the truth when he says, "Many a young officer who is on the first rung of the ladder to command owes his push upward to the books sent aboard...

Author: /time Magazine | Title: Letters, May 24, 1937 | 5/24/1937 | See Source »

...Sweden's dictum that disarmed neutrality is a practical impossibility. Denmark has long been disarmed to the point of danger; according to military experts she would not be able to defend her capital or her boundaries for more than three days. Premier Stauning is now expected to push through a National Defense Act to increase Denmark's army & navy, to buy war materials. Most Danes trust that Britain would never allow Germany to invade Scandinavia but they are taking no chances. And it was with more than passive resistance in mind that Sweden's Foreign Minister lately...

Author: /time Magazine | Title: DENMARK: Silver Sanity | 5/17/1937 | See Source »

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