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...been working on his budget message and his address on the State of the Union until 1:30 the night before, but as he sat at his desk after luncheon he gave no hint of fatigue. The telephone rang, and when he lifted the instrument he could hear the soft Arkansas drawl of Senate Democratic Leader Robinson...

Author: /time Magazine | Title: THE PRESIDENCY: Shock & Surprise | 1/15/1934 | See Source »

...established by law." Senator Wheeler of Montana and Senator King of Utah called on the President with silver in their mouths. They emerged with shining eyes, and Mr. Wheeler confided to newshawks: "He is thinking about silver." Certainly the President was thinking about silver, if only because a soft answer sometimes turneth away radicals. Arkansas' Robinson, Democratic leader of the Senate, might announce (as he did), "My personal opinion is there will be no silver legislation in the near future." But the President could not afford to ignore a subject so dear to the heart of Congress...

Author: /time Magazine | Title: National Affairs: Turn of the Flood | 1/15/1934 | See Source »

...protect their tender fundaments, Monte Carlo croupiers sit on soft leather doughnuts, as experience has shown that this shape of cushion is best for the work. Even so, spinning a roulette wheel while keeping argus eyes on ladies and gentlemen who are prone to cheat is nerve-racking business. To keep croupiers from having nervous breakdowns they are changed every few hours, retire between times to a musty lounge below stairs equipped with shower baths. But sooner or later a Monte Carlo croupier was sure to go crazy in public...

Author: /time Magazine | Title: MONACO: Crazy Croupier | 1/15/1934 | See Source »

...split between the hard and soft money men was dramatized a day later when the American Statistical Association came to elect officers. The nominating committee headed by Professor Irving Fisher named eight vice presidents to head inquiries on various economic subjects. One of those named was Professor James Harvey Rogers, to study "facts and methods bearing on economics and economic theory." Hard money men who "hate the guts" of soft money theories felt it was time to take a hand. They nominated Professor Harold L. Reed, hard money man from Cornell, in opposition. The vote: 53 (hard money...

Author: /time Magazine | Title: National Affairs: Hard, Soft & Red | 1/8/1934 | See Source »

Biggest news of the conventions was reserved for the last day of the American Economic Association meeting when Professor Rexford Guy Tugwell, Assistant Secretary of Agriculture, took the rostrum, propounded a doctrine which was neither hard nor soft, liberal nor conservative, but from the standpoint of economics bright red. Said he: "We have depended too long on the hope that private ownership and control would operate somehow for the benefit of society as a whole. That hope has not been realized. . . . Private control has failed to use wisely its control of the land...

Author: /time Magazine | Title: National Affairs: Hard, Soft & Red | 1/8/1934 | See Source »

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