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...just two more than the requisite number-would vote to sustain the veto. According to the theory of responsible party government, the idea that the leader of 322 out of 434 votes in the House and 68 out of 96 votes in the Senate should find himself in this strait position was sheer extravaganza. But according to the theory of practical U. S. politics the idea was grimly realistic. For the measure on which the A. P. counted noses called for full and immediate payment of the Soldiers' Bonus, and behind the Bonus is an unbeaten organized minority which...

Author: /time Magazine | Title: HEROES: For God, for Country, for Bonus | 1/21/1935 | See Source »

...story goes that a cartographer, mapping the central peninsula that jutted into Bering Strait from the Russian territory of Alaska, had no identification for the cape on its southern side. He simply made a note there: "? Name." In 1849 an erring draughtsman labeled the place Cape Nome...

Author: /time Magazine | Title: CATASTROPHE: Nome No More | 10/1/1934 | See Source »

Wall Street scarcely noted the bill's passage. On the New York Stock Exchange stocks were slipping to new lows for the year. Trading volume dwindled to the slowest pace in eleven years. With regulation a fact, weary brokers frankly admitted that in their fight against a Federal strait-jacket they had painted the future somewhat blacker than it was likely to be. Their business would be different under Federal rule but by no means extinct...

Author: /time Magazine | Title: Business & Finance: Law at Last | 6/11/1934 | See Source »

Lord of the drifting ice pack that crushed and sank his Soviet icebreaker Chelyuskin (TIME, Feb. 26, March 12), jungle-bearded Professor Otto Schmidt has somehow kept his crew alive, fed and sheltered for two months in the - 20°F wilderness of the Arctic Ocean north of Bering Strait, while a semicircle of rescuers hovered from Cape Van Karem, Siberia, to Alaska. Last month a rescue plane swooped onto the ice pack, loaded the Chelyuskin's ten women and two babies aboard, got back safely to Cape Wellen, Siberia. Since then the ice pack, twisted by Arctic currents...

Author: /time Magazine | Title: RUSSIA: Off the Ice | 4/23/1934 | See Source »

...borrowed from a friend in the airmail service he and Capt. Corniglion Molinier, army pilot, took off from Paris for Djibouti, bent on finding the capital of the dusky queen of Biblical legend. Last week's meager reports indicated that the two men flew from Djibouti across the Strait of Bab-el-Mandeb and 900 mi. northeast into the Great Arabian Desert, almost to the Persian Gulf; that they found walled ruins in such a hilly terrain they dared not land and returned non-stop to Djibouti; that they would attempt the trip again. Unknown to history, even...

Author: /time Magazine | Title: Science: Diggers | 3/19/1934 | See Source »

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