Month: February 2020
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SundayMagazine.org will take three weeks off, because NYT Sunday Magazine did the same in February-March 1920
On February 21, 1920, New York Times readers were greeted with this message: The magazine’s hiatus didn’t last too long, only three weeks, returning on March 7. Albeit in a diminished form, as the editors warned, with fewer articles than before. Coming exactly 100 years ago to the week that America’s second-largest newspaper chain McClatchy filed […]
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ABC of Foreign Exchange
From 1870 to 1914, most Western countries adopted the gold standard, with the primary intent to keep inflation in check. It set a standard value for a country’s currency based on an equivalent value of gold. The U.S. began doing so in 1900. World War I changed all that. Most nations temporarily suspended their gold […]
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The Next War
In 1920, Harvard government professor Albert Bushnell Hart accurately predicted Germany and Italy might launch another world war. His prediction that it may occur within five years was a bit pessimistic — it actually took 19. When you turn to Eastern Europe and Western Asia, the patient has taken not ether but hasheesh [sic], and […]
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