--- description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. title: Cover - Jul 09, 1928, Vol. XII, No. 2 - The Vault - TIME image: https://gcp-na-images.contentstack.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- Back to the vault ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F1%2F1550.jpg&w=3840&q=75) Shop the cover --- July 9, 1928 | Vol. XII No. 2July 9, 1928 | Vol. XII No. 2 ### July 9, 1928 | Vol. XII No. 2July 9, 1928 | Vol. XII No. 2 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F1%2F1550.jpg&w=1080&q=75) July 9, 1928 | Vol. XII No. 2 Pageof 44 Zoom+ ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F1%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F1%2F1550.jpg&w=1080&q=75) View page 1 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F2%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F3%2F1550.jpg&w=1080&q=75) View pages 2 & 3 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F4%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F5%2F1550.jpg&w=1080&q=75) View pages 4 & 5 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F6%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F7%2F1550.jpg&w=1080&q=75) View pages 6 & 7 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F8%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F9%2F1550.jpg&w=1080&q=75) View pages 8 & 9 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F10%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F11%2F1550.jpg&w=1080&q=75) View pages 10 & 11 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F12%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F13%2F1550.jpg&w=1080&q=75) View pages 12 & 13 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F14%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F15%2F1550.jpg&w=1080&q=75) View pages 14 & 15 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F16%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F17%2F1550.jpg&w=1080&q=75) View pages 16 & 17 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F18%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F19%2F1550.jpg&w=1080&q=75) View pages 18 & 19 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F20%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F21%2F1550.jpg&w=1080&q=75) View pages 20 & 21 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F22%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F23%2F1550.jpg&w=1080&q=75) View pages 22 & 23 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F24%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F25%2F1550.jpg&w=1080&q=75) View pages 24 & 25 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F26%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F27%2F1550.jpg&w=1080&q=75) View pages 26 & 27 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F28%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F29%2F1550.jpg&w=1080&q=75) View pages 28 & 29 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F30%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F31%2F1550.jpg&w=1080&q=75) View pages 30 & 31 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F32%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F33%2F1550.jpg&w=1080&q=75) View pages 32 & 33 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F34%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F35%2F1550.jpg&w=1080&q=75) View pages 34 & 35 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F36%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F37%2F1550.jpg&w=1080&q=75) View pages 36 & 37 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F38%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F39%2F1550.jpg&w=1080&q=75) View pages 38 & 39 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F40%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F41%2F1550.jpg&w=1080&q=75) View pages 40 & 41 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F42%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F43%2F1550.jpg&w=1080&q=75) View pages 42 & 43 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1928%2F07%2F19280709%2F44%2F1550.jpg&w=1080&q=75) View page 44 Cover - Jul 09, 1928, Vol. XII, No. 2 - 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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