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...what should America do then? It is generally conceded that time is on the side of the Allies; but allowing that Germany might win after an extended struggle, such a struggle would exhaust and debilitate the victor as well as the vanquished. This enervated Germany would hardly be a threat to the Americas: after its wearying death-grapple with England and France, it would have to bring the other countries of Europe to a state of subjection and non-resistance, entrench its continental position enough to allow it to turn its eyes to this hemisphere, avoid war with Italy...

Author: NO WRITER ATTRIBUTED | Title: CREDIMUS | 5/17/1940 | See Source »

...Truce? All this looked like so serious a threat to peace in the Mediterranean that U. S. Ambassador William Phillips, on orders from Washington, asked for and got a personal interview with Il Duce (see p. 19). They talked for 45 minutes and correspondents guessed that Mr. Phillips had told Mussolini that the U. S. would keep its shipping out of the Mediterranean if Italy went to war. But that would have been no news to Benito Mussolini. That the U. S. Government was putting all possible "pressure" on Italy to keep the peace was made clear next day when...

Author: /time Magazine | Title: POWER POLITICS: Fleets to the East | 5/13/1940 | See Source »

...game of power politics nations sometimes resort to intrigue, sometimes to threats, sometimes to propaganda and showmanship. Playing the game, Japan and Sweden both sent photographs to the U. S. last week. Japan's contribution: a picture of Crown Prince Akihito, 6, traipsing off to the Peers' School, wearing his navy blue uniform and a cap with brass cherry blossoms, carrying the grandson of Heaven's schoolbooks. Sweden's contribution: a picture of Swedish Princesses Désirée, Margaretha, and Birgitta (daughters of Prince Gustaf Adolf, granddaughters of Crown Prince Gustaf Adolf, great-granddaughters...

Author: /time Magazine | Title: People, May 13, 1940 | 5/13/1940 | See Source »

...Deal regulation of coal began with NRA, died in the Schechter chicken coop. The first coal regulation act (Guffey Act) passed with the help of a strike threat by John L. Lewis in 1935, was knocked out by the Supreme Court a year later. The second act, passed in 1937, created a National Bituminous Coal Commission, which at once tangled itself so thoroughly in politics that Franklin Roosevelt reorganized it out of existence and turned its job over to the Department of the Interior. There for nearly a year Director Howard Adams Gray and his able General Counsel Abe Fortas...

Author: /time Magazine | Title: COAL: Regulation Illegal? | 5/13/1940 | See Source »

Against this rule the Allies made no headway so long as World War II was merely a threat. The French bought obsolescent Curtiss P-36s, surprised most U. S. airmen after war came by showing that they could put on a first-class show against the more advanced Messerschmitt log. The British bought Lockheed Hudsons, North American trainers, long past the secret stage. The one-year rule was first broken last September when the French were allowed to buy a new Douglas attack-bomber. Everybody knew the reason: the Air Corps was already interested in a new and better Douglas...

Author: /time Magazine | Title: WAR FRONT: Mr. Purvis Buys New Planes | 5/6/1940 | See Source »

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