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...Raising the discount rale in August 1929, and the Hatry crisis in London, precipitated the debacle which was spurred on in 1930 when the Hawley-Smoot tariff threw a monkey wrench into world commerce, in 1931 by the failure of the Creditanstalt in Austria, the German moratorium and England's abandoning gold. The Glass-Steagall bill produced improvement last summer which was promptly undone by President Hoover's Des Moines speech ("could not hold to gold . . . but two weeks longer"), controversy over War Debts and publication of R. F. C. loans which caused runs on banks...

Author: /time Magazine | Title: Business & Finance: Morgan Finale | 6/19/1933 | See Source »

...Byzan gasped out "No! Impossible! That can't be! Who told you?" The President said "Dr. Dick." Byzan asked me if I knew for sure. I said that I had neither seen him killed nor dead; but believed the report to be true. Then Byzan and the President threw their arms about each other's neck and wept aloud; like two forlorn babies. But after a moment, Byzan pushed Machado away from him, and pointing his finger at him, exclaimed, "Gerhardo, all the world will blame you for his death!" Machado replied...

Author: /time Magazine | Title: Letters, Jun. 12, 1933 | 6/12/1933 | See Source »

More than 50 other German-Jewish professors of pure, applied and medical sciences have either been forced to resign or have been rudely thrown out of their chairs. No other eminent scientists have followed the example of Professor Hermann Jacobsohn, Indo-Germanic philologist at Marburg, who threw himself under a train. But many a Jew in Germany is known to be carrying an ampoule of poison for escape in case of race riot...

Author: /time Magazine | Title: Science: Jews Without Jobs | 6/5/1933 | See Source »

...that his grave was in the bed of a dried-up stream, that heavy rains threatened to wash him out, that he intended to stay underground 40 days if he could. Richards told Jones that bandits came to his grave, tried to steal the day's cash receipts, threw burning matches down his air tube, singed his pillows...

Author: /time Magazine | Title: Miscellany, May 29, 1933 | 5/29/1933 | See Source »

...surprise you to know that practically no mention has been made of this decision in any of the English newspapers, whereas the subject has occupied considerable space since the handing down of the decision, in the entire Yiddish press. As a matter of fact, this information threw the citizens of the East Side of New York City into a turmoil in view of the fact that most of the persons in that vicinity had in the past eaten the products of this company, and according to the Jewish dietary laws, there is a grave question as to whether the dishes...

Author: /time Magazine | Title: Letters, May 22, 1933 | 5/22/1933 | See Source »

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