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...Restoration" of imperialistic militarism sanctified by fanatical devotion to the Emperor as Son of Heaven (see below). Said the new President of S. M. R., who is expected to establish as soon as possible a Development Company for North China: "I have assumed the Presidency of the South Manchuria Railway with the firm determination to become active on the Asiatic mainland. Japan is going to start operations in North China. The arrow has left the bow! Most Japanese do not yet understand the great importance of these operations, and this lack of understanding will beyond doubt cause a really serious...

Author: /time Magazine | Title: Foreign News: Fascist Revolution? | 8/12/1935 | See Source »

Overshadowing every other event in the Far East this week was the abrupt appointment of Japan's arch-Fascist and patrioteer Yosuke Matsuoka as President of Japan's most potent engine of economic expansion into China, the South Manchuria Railway. This appointment ousted S. M. R.'s comparatively mild and cautious president, Count Hirotaro Hayashi, who balked schemes of Japanese jingoes to establish a Development Company for North China in which S. M. R. would hold a controlling interest. Such a company was to exploit North China, as the British East India Company exploited India a century...

Author: /time Magazine | Title: Foreign News: Fascist Revolution? | 8/12/1935 | See Source »

Seven hundred had been signed with the names of employes of York Street Railway Co. and their next...

Author: /time Magazine | Title: THE CONGRESS: Black Dirt | 8/5/1935 | See Source »

Precisely why William Johnson Harahan was demoted from the presidency of the Van Sweringens' Chesapeake & Ohio Railway in 1929 has never been satisfactorily explained. Certainly that able railroad man, son of a onetime president of Illinois Central, had done nothing to impair C. & O.'s profits, which were excellent, or its West Virginia coal traffic, which was expanding. Best guess for his removal seemed to be that Mr. Harahan, who had gone to C. & O. before the Van Sweringens bought control of it in 1922, was not as close to the Bachelor Brothers of railroading as John Joseph...

Author: /time Magazine | Title: Business & Finance: Return to Roost | 8/5/1935 | See Source »

...decrees signed by President Lebrun as immediately effective provide: ¶Reduction of pensions of war veterans (except those heavily disabled) by 100%. ¶ Reduction of the State-controlled price of bread by about 1/5?a Ib. ¶Reduction of gas and electricity rates by 5%. ¶Reduction of State Railway employes' pay by 10%. Other State employes receive cuts of 10% for those receiving over 10,000 francs ($660) yearly; 5% for those between 10,000 and 8,000 ($528) francs; and 3% for those between 8,000 and 5,000 francs...

Author: /time Magazine | Title: FRANCE: Laval Dictates | 7/29/1935 | See Source »

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