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...maneuvers on the Pacific Coast. The problem: expulsion of an enemy entirely by aircraft. For three weeks the first provisional wing of the Army Air Corps-the same squadrons and men that would be immediately concentrated in event of real war-would fight its invisible foe by day, would transform Mather Field into a gigantic metal rookery at sundown...

Author: /time Magazine | Title: ARMY & NAVY: Air War | 4/14/1930 | See Source »

...live (TIME, Feb. 13, 1928). She and her husband thereupon moved to London, climbed socially, spent fabulous sums in entertainment. During this time the steel firm was Corrigan-McKinney, a partnership in which McKinney exercised trusteeship over Founder Corrigan's estate. In 1925 he used this power to transform the partnership into a corporation, the McKinney Steel Co. Corrigan returned from London, bought control, gave the company its present title. When he died last year, his wife received his interest, but it was deposited with the Union Trust Co., Cleveland, as voting trustee. With power to sell...

Author: /time Magazine | Title: Business: Deals: Mar. 31, 1930 | 3/31/1930 | See Source »

When the Roman Emperor Augustus made up his mind to transform a city of brick into a city of marble, he employed Greek architects whose predecessors had designed the temples that still stood, like cool dreams in marble, on the hills of Attica and Sicily. When Francis I of France wanted palaces designed, he summoned Leonardo da Vinci. George Washington, after the fever of a war, set out to build a capital in a wilderness. He employed a Frenchman,* Pierre Charles L'Enfant, to blue-pencil the streets and domes that lobbyists and starlings (see p. 50) would later...

Author: /time Magazine | Title: Art: Architects to Russia | 1/20/1930 | See Source »

...week across the land. Their substance was furnished by conference after conference within the executive offices where sat President Hoover busily engaged in trying to stabilize Big Business (see p. 35). A major experiment on the mass-mind of the country was in progress as President Hoover sought to transform public psychology from a state of economic apprehension and uncertainty to one of faith and reassurance. To Industry he would give a new momentum to carry it over the aftermath of the stockmarket crash...

Author: /time Magazine | Title: THE PRESIDENCY: Mind & Momentum | 12/2/1929 | See Source »

With bullish feeling prevalent, selling of stocks slackened, ended abruptly as the significance of Constructive Factors became apparent. Helping to transform selling into buying was a further reduction ($710,000,000) in brokers' loans, reduction of the rediscount rate to 4½% announcement of a proposed $160,000,000 tax reduction...

Author: /time Magazine | Title: Business: Heroes, Wags, Sages | 11/25/1929 | See Source »

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