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...present form. Particularly he lashed the margin requirements, esti mating that $380,000,000 of unlisted securities would be dumped from brokerage accounts, and another $350,000,000 of listed stock would have to be liquidated to satisfy the 60% margin. Such wholesale liquidation, he warned, might reverse the upward curve of business. Like Ferdinand Pecora, Mr. Dickinson knows his subject. Last autumn President Roosevelt put him in charge of a committee to study possible Exchange regulations. The committee's report, turned in last January, recommended regulation of a moderate character through a special Federal body. Sagely Mr. Dickinson...

Author: /time Magazine | Title: Business: Second Draft | 3/19/1934 | See Source »

Dear Sir: . . . My organist insists upon dragging his fingers over four or five keys, like an upward run, at least twice in each hymn stanza. He will not play the harmony as is, but manufactures harmonies of his own, with many fancy chromatic chords. His harmony is always thin, and lacking the power of the original as given in the hymn book. . . . He uses his tremolo too much, and drives everybody nearly to tears by his abuse of the chimes. Now he insists upon adding a Vox Humana stop to the organ. If I chant the Communion Service...

Author: /time Magazine | Title: Religion: Lutheran Liturgists | 2/19/1934 | See Source »

What Did Not Happen, and what President Roosevelt wanted most of all, was a thundering upward surge in commodity prices. Wheat moved up a paltry 1? per bushel to 92?, cotton added less thian ½? a pound. But corn, oats, rye, barley remained practically unchanged. Commodity tables duly recorded the weekly range of gold per ounce: low-$34.45; high-$35; last...

Author: /time Magazine | Title: Business: What Did Not Happen | 2/12/1934 | See Source »

...Broadly speaking. It means that Mr. Roosevelt has set an upper limit of 60 cents-indeed, Congress did that for him--and he has now fixed a lower limit of 59.06 to be exact, so that foreign governments may know there is less than one per cent of variation upward that Mr. Roosevelt can make and there is slightly over nine per cent that he can go downward...

Author: By David Lawrence, | Title: Today in Washington | 2/2/1934 | See Source »

...high notes, putting out his hands, palms up, for applause. He is more convincing and formidable than any living operatic Don Juan. Every motion he makes is a shrewd and funny parody of the way human beings move. His chief difference from a man is that he moves, not upward from his feet but downward from his shoulders, barely touching the floor...

Author: /time Magazine | Title: Theatre: New Plays in Manhattan: Jan. 22, 1934 | 1/22/1934 | See Source »

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