--- title: Page 44 - Jul 06, 1931, Vol. XVIII, No. 1 - The Vault - TIME description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. canonical: https://time.com/vault/issue/1931-07-06/page/44/ og:title: Page 44 - Jul 06, 1931, Vol. XVIII, No. 1 - The Vault - TIME og:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. og:url: https://time.com/vault/issue/1931-07-06/page/44/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6d7d7b08f8e574d1/698764c955a8594b13a83a47/1550432.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 1095 og:image:height: 616 og:image:alt: Magazine Cover: 1931-07-06 og:type: article twitter:card: summary_large_image twitter:title: Page 44 - Jul 06, 1931, Vol. XVIII, No. 1 - The Vault - TIME twitter:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6d7d7b08f8e574d1/698764c955a8594b13a83a47/1550432.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 --- Back to the vault ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/1/1550.jpg) Shop the cover --- July 6, 1931 | Vol. XVIII No. 1July 6, 1931 | Vol. XVIII No. 1 ### July 6, 1931 | Vol. XVIII No. 1July 6, 1931 | Vol. XVIII No. 1 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/44/1550.jpg) July 6, 1931 | Vol. XVIII No. 1 Pageof 52 Zoom+ ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/44/1550.jpg) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/1/1550.jpg) View page 1 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/2/1550.jpg) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/3/1550.jpg) View pages 2 & 3 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/4/1550.jpg) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif 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letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/50/1550.jpg) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/51/1550.jpg) View pages 50 & 51 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1931/07/19310706/52/1550.jpg) View page 52 Page 44 - Jul 06, 1931, Vol. XVIII, No. 1 - The Vault - TIME ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":210,"height":60},"foundingDate":"March 3, 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