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When the men of radio, 1,100 strong (and younger and sleeker than most conventioneers), met last week in St. Louis for the annual convention of the National Association of Broadcasters, the world of radio was in process of disintegration. Not only did the industry split in the midst of its war with ASCAP (see p. 77), but it plunged into a new and greater war with the New Deal...
...Crown of Zvonimir was named for one Demetrius Zvonimir, who was crowned by a papal legate in Split in 1076. In 1089 the Croats killed him because they thought he had sold out to Rome. The 13 years of Zvonimir's rule were those of Croatia's broadest boundaries. The kingdom had an Adriatic coastline running from Fiume to Split and thrust inland almost to Belgrade. Croatian provincials have never forgotten that. Said the nationalistic Croatiapress in 1937: "Dalmatia, Herzegovina, Bosnia, Slavonia and Croatia ... are pure Croatian provinces and the Croatian people have the sole right to them...
...been for Viscose. But Courtaulds still has an interest in next week's stock sale. Besides making an outright payment of $36,456,000, the bankers promised the British Treasury to try to sell the company to the public within six months, split on a 90-10 basis all proceeds above the initial payment. The Treasury will then keep the dollars, pay Courtaulds their equivalent in pounds. Should a weak market interfere with the sale, the bankers still get a bargain. American Viscose's current assets (including $34,454,594 in cash and marketable securities) exceed current liabilities...
Cardinal point of Hauser's study is the split personality of the Japanese. At home he is "serene and tender," is so hypersensitive he requires vases of flowers in his subway trains; in uniform he is "as ruthless as the Prussian sergeant" and is capable of such atrocities as the Rape of Nanking. In explaining him Hauser eschews Freud for Cervantes: he is "a frustrated knight whose quixotic sense of chivalry makes him fight windmills and cut his belly if he is defeated." Thus millions of Japanese have been convinced of the sanctity of their service to China, have...
...industry National Association of Broadcasters met last week in its 19th annual convention at St. Louis' Jefferson Hotel. And before the week was out radio was decisively split into two rival segments -big NBC and CBS opposed by Mutual Broadcasting System. Mutual had endorsed the Federal Communications Commission's sweeping antimonopoly decrees (TIME, May 12) and cracked the solid network front by signing a sudden armistice with ASCAP...