INTERNATIONAL: $50,666.50 Wrong

Herbert Hoover had barely unpacked his trunks in the White House when Prohibition's most spectacular international incident arose to embarrass him. Off the coast of Louisiana U. S. Coast Guard cutters chased the rum-running Canadian schooner I'm Alone 200 miles out to sea, there shelled and sank her (TIME, April 1, 1929). One seaman, a French citizen, was killed. British and Canadian newspapers roared with pain. U. S. Wets bubbled over in frothy indignation. Terse memoranda flew between London, Ottawa and Washington. Strenuously the U. S. State Department sought to defend the...

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