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...Laval manoevres, and the scape-goat of the highly embarrassed British government. His resignation saved the day, although it has been intimated that Hoare and Eden were not on particularly good terms; Eden being fanatically devoted to the League and seeing in Hoare's attempt to sell Ethiopia out virtual imperilling of the League's future. However, Hoare and Eden will not have an opportunity to cross each other's bows, for Eden will remain in charge of the Foreign Office while "Cleopatra" as Hoare is known to the House of Commons, will be placed in charge of the vital...

Author: NO WRITER ATTRIBUTED | Title: CLEOPATRA RETURNS | 1/20/1936 | See Source »

...Addis Ababa the receipt by a U. S. cameraman of a jocular cablegram from his home office, "Presume Addis next; suggest you pick out shelter now," leaked out to cause virtual panic as thousands of natives grabbed their rifles and bolted pell-mell out of the Capital, thinking it was about to be bombed...

Author: /time Magazine | Title: THE FRONT: Words of God | 12/23/1935 | See Source »

Military operations came to a virtual standstill and Addis Ababa buzzed with rumors that the local British and French diplomats were trying to arrange with Yankee Colson some sort of "Christmas Truce...

Author: /time Magazine | Title: THE FRONT: Words of God | 12/23/1935 | See Source »

...under the new-old management of Chairman Ransom Eli Olds, who founded the Reo company in 1904 but who had been in virtual retirement for ten years when, in 1934, an intracompany row brought him back to active leadership. During the first half of 1935, Reo made $42,156 but even this tiny profit was welcome after five consecutive years of deficits. Of late Reo has become primarily a truck maker, in 1934 turning out only 3,854 passenger cars as against 5.035 trucks. Government purchases of trucks have supplied a very substantial portion of Reo's business...

Author: /time Magazine | Title: Business: Happiness & Kings | 11/4/1935 | See Source »

This was done by adopting decrees under which Italians must convert all foreign investments into nine-year 5% Italian Government bonds; Italian corporations are limited as to their dividends and must invest in Government bonds all undistributed profits; and the State assumes a virtual trade monopoly by decreeing that nonwar purchases are in every case subordinated to those fulfilling war needs. Before Dec. 31, 1937 all Italian motor vehicles must be converted to burn substitute fuels, such as coal gas distilled en route from charcoal by the Fiat system. Two days after the Cabinet meeting Italian motorists found that...

Author: /time Magazine | Title: ITALY: Three-Year War | 9/9/1935 | See Source »

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