RECOVERY: Monolith Into Pyramid

Newshawks at Hyde Park last week got nothing more than what they had been expecting for weeks when the President's secretariat handed them two mimeographed sheets of paper. One sheet read:

"Dear Mr. President:

"The reorganization of NRA, which has been the subject of so many conferences and memoranda between us, is becoming momentarily more urgent. We are in agreement upon the general form of reorganization and I do hope you will see eye-to-eye with me on the subject of my resigning from a job which, as reorganized, seems altogether superfluous. ....

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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