(5 of 5)
*Dr. Pearson contributed nothing to TIME. His remarks as President of the National Association of Audubon Societies were simply reported as news. *Last month in London, discussing Germany's credit crisis, Secretary Stimson said: "The situation we are faced with is something like a bathtub. The stopper has been out and the water has been running out rapidly. It is necessary first to put the plug back in the hole. Then it is necessary to examine what water is left and to see if it is sufficient for the purposes at may be hand. If it necessary is, to well put and more good; water if in it is it. . . not it ." (TIME, Aug. 3). — ED.