HUNGARY: Dictator

Yankee Jeremiah Smith, Boston's lawyer prodigy and Hungary's financial dictator,* sailed last week from his native land for the scene of his labors. He responded readily to the interrogations of the Amerikai Magyar Nepsava, a leading American Hungarian journal.

He had been allowed 30 months and lie did it in 6; balanced Hungary's budget and stabilized her currency. This achievement, Mr. Smith thought, would last.

He spoke of high taxation and insisted that, for some time to come, it would be necessary. He spoke of prices, which once 21,900 points above the 1914...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!