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...responsible official in Washington last week doubted that serious repercussions would follow scarcity. A national complaint against the High Cost of Living would be a serious political threat to the existence of AAA. If the complaint should occur before the November elections the threat would be more serious still. Last week New Dealers were congratulating themselves on the fact that the most serious price rises?in meat?are not likely to occur before spring...

Author: /time Magazine | Title: FARMERS: New Menu | 8/27/1934 | See Source »

...been discovered to assassinate hollow-eyed Emperor Kang Teh. According to the Japanese, bandit raids on C. E. R. have been financed by Soviet agents from the Red Army base at Khabarovsk. Finally last week the Imperial Japanese Army propaganda bureau in Tokyo issued what Russians interpreted as a threat that Japan means eventually to seize C. E. R. without paying Moscow so much as a copper kopek. Restrained, but ominous, this statement read: "The Japanese Army has decided to adopt a stronger attitude than before in the event of future Soviet provocations." Meanwhile Moscow made an even stiffer threat...

Author: /time Magazine | Title: MANCHUKUO: Wild East Destruction | 8/27/1934 | See Source »

According to the Major, President Roosevelt's monetary attack is divided into three phases: 1) threat of inflation, which gave a mighty fillip to business last year; 2) credit inflation, which is just getting under way; 3) printing presses, which may never be used at all. Major Angas pins his faith on credit inflation. He argues that devaluation of the dollar broadened the gold base for credit 75%, which would theoretically permit a more towering credit structure than that...

Author: /time Magazine | Title: Business & Finance: Angas Across the Atlantic | 8/27/1934 | See Source »

...emphasized the delicate position of Chancellor Dollfuss' "Christian Fascist" Cabinet striving to hold the balance between armed Nazis and Socialists in troubled Austria. In Germany the exiled Austrian Nazi leader, leather-lunged Alfred Frauenfeld, promptly took Austria's first terrorist hanging as his text for an ominous threat: "The moment Dollfuss hangs a Nazi civil war will break out in Austria...

Author: /time Magazine | Title: AUSTRIA: Death for Freedom | 8/6/1934 | See Source »

...after his "conversion" by Mr. Neylan. Said he at Berkeley where he went to receive a Phi Beta Kappa key from the University of California: "The right of dissatisfied men to strike against a recalcitrant employer is inviolate. . . . But the general strike is quite another thing. It is a threat to the community. It is a menace to the Government. It is civil war. . . . When the means of food supply-milk to children, necessities of life to the whole people-are threatened that is bloody insurrection...

Author: /time Magazine | Title: National Affairs: Not Viable | 7/30/1934 | See Source »

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