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...only money will be labor credits, which bear no interest, and which can be exchanged only for the actual necessities and common luxuries of life. How is this to be achieved? By a giant corporation-the People's Corporation. Let it be created as a sort of super-holding corporation, to acquire, first all securities, then all land and the physical property of production. Let nothing be expropriated. Let everything be paid for at market prices. By an ingenious system of pyramiding (the issuance of non-interest bearing, legal tender, industrial notes on property already acquired) the whole...

Author: /time Magazine | Title: A NEW BOOK: Mr. Gillette's Ideal Order | 6/2/1924 | See Source »

Still the quarrel went on. Deputy Farinacci, "Savage" leader, wrote in his journal Cremona Nuova: "The spectacle which Rome offers during Mussolini's absence is discouraging. Luckily 'il duce' will soon be back in Rome, and he is above all critics and super-critics ; he is above all candidates and would-be candidates for ministries and under secretaryships...

Author: /time Magazine | Title: Foreign News: Savages vs. Legalists | 5/26/1924 | See Source »

...finance, a tsar of industry, a king of business. His minions were princes and grand-dukes, his serving men were lords. His interests were as far-flung as the seven seas. His business was no one thing in particular, but everything in general. He dealt in trusts of super-trusts or trusts of trusts of trusts. It has been said that "when you were in Germany the trains and ships on which you travelled, the hotels you lived at, the shops you bought from, the newspapers you read, the banks where you cashed your drafts, the food you received...

Author: /time Magazine | Title: GERMANY: Der Tod | 4/21/1924 | See Source »

...great deal of hard feeling, and in serious consequences for the offenders. The Freshmen of course have no memory of that nor of the great riot several years ago and the impossible situation which it created, and they clearly do not realize what harm may result from a super-abundance of energy carelessly applied. So far the record of 1927 has been extremely good all in all, but the authorities cannot afford a recurrence of previous situations, and any tendency towards another riot will be sternly suppressed and the offenders treated with the utmost severity. 1927 could establish no more...

Author: NO WRITER ATTRIBUTED | Title: COMMENT | 3/26/1924 | See Source »

...Sarnoff, Vice President and General Manager of the Radio Corporation of America, favors the bill with some modification. Secretary of War Weeks fears its provisions may hamper the Army's Signal Service. Guy E. Tripp, Chairman of the Board of the Westinghouse Company, favors the creation of a super-radio broadcasting system under an interstate radio commission with broad powers. Six or more high-powered stations strategically located at focal points would be interconnected by wire or radio "pick-ups." In addition local stations would serve the various communities with material of local interest. The Westinghouse interests now control...

Author: /time Magazine | Title: Science: The War in the Air | 3/24/1924 | See Source »

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