<!-- mobian-agent-page publisher="time" canonical="https://time.com/vault/issue/1927-04-11/page/1/" -->

---
---

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/1927/04/19270411/1/1550.jpg)

Shop the cover

---

April 11, 1927 | Vol. IX No. 15April 11, 1927 |  
Vol. IX No. 15

### April 11, 1927 | Vol. IX No. 15April 11, 1927 |  
Vol. IX No. 15

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/1/1550.jpg)

April 11, 1927 | Vol. IX No. 15

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/1927/04/19270411/1/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/1/1550.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/1927/04/19270411/2/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/3/1550.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/1927/04/19270411/4/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/5/1550.jpg)

View pages 4 & 5

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/6/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/7/1550.jpg)

View pages 6 & 7

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/8/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/9/1550.jpg)

View pages 8 & 9

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/10/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/11/1550.jpg)

View pages 10 & 11

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/12/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/13/1550.jpg)

View pages 12 & 13

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/14/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/15/1550.jpg)

View pages 14 & 15

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/16/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/17/1550.jpg)

View pages 16 & 17

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/18/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/19/1550.jpg)

View pages 18 & 19

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/20/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/21/1550.jpg)

View pages 20 & 21

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/22/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/23/1550.jpg)

View pages 22 & 23

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/24/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/25/1550.jpg)

View pages 24 & 25

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/26/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/27/1550.jpg)

View pages 26 & 27

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/28/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/29/1550.jpg)

View pages 28 & 29

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/30/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/31/1550.jpg)

View pages 30 & 31

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/32/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/33/1550.jpg)

View pages 32 & 33

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/34/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/35/1550.jpg)

View pages 34 & 35

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/36/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/37/1550.jpg)

View pages 36 & 37

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/38/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/39/1550.jpg)

View pages 38 & 39

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/40/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/41/1550.jpg)

View pages 40 & 41

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/42/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/43/1550.jpg)

View pages 42 & 43

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/44/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/45/1550.jpg)

View pages 44 & 45

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/46/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/47/1550.jpg)

View pages 46 & 47

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/48/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/49/1550.jpg)

View pages 48 & 49

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/50/1550.jpg)

![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](https://content.time.com/time/subscriber/vault/1927/04/19270411/51/1550.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/1927/04/19270411/52/1550.jpg)

View page 52

Cover - Apr 11, 1927, Vol. IX, No. 15 - 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, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://time.com/"},{"@type":"ListItem","position":2,"name":"Cover - Apr 11, 1927, Vol. IX, No. 15 - The Vault - TIME","item":"https://time.com/vault/issue/1927-04-11/page/1/"}]}]}
```