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Updated: September 15, 2025
Do not despair, nay be assured that a glorious future awaits you all, more brilliant than any you can imagine. Your true brother, Shoghi 6 June 1939 My Dear Friend, I am directed by Shoghi Effendi to thank you for your letter of May 19th.
We believe, too, that every college which aims to prepare its graduates for intelligent work in the world which is to be theirs to live in, must have on its staff a scholar competent in the civilization of India."-Extracts from an article by Professor W. Norman Brown of the University of Pennsylvania which appeared in the May, 1939, issue of the BULLETIN of the American Council of Learned Societies, 907 15th St., Washington, D. C., 25 cents copy.
In January 1953, the consumer's dollar was worth only 52 cents in terms of the food, clothing, shelter and other items it would buy compared to 1939. Today, the inflationary spiral which had raised the cost of living by 36 percent between 1946 and 1952 has all but ceased and the value of the dollar virtually stabilized.
Among the outstanding results of the great revolution, improvement in communication and transportation have brought humans into contact with one another on an increasingly extensive scale, reaching its high water mark in planet-wide networks of trade, travel, migration and diplomacy, leading up to the One World which was so much in the foreground of public discussions between the two general wars of 1914 and 1939.
The word "Projects" enters into literature as a recurrent motif, strangely familiar to our present generation, which needs only to turn Defoe's Essay on Projects into contemporary language to see the similarities between the year 1697 and the year 1939. Of the many speculative schemes of the early eighteenth century, none is better known than the "South Sea Bubble."
The proposed budget for 1939, which I shall shortly send to the Congress, will exhibit a further decrease in the deficit, though not a balance between income and outgo. To many who have pleaded with me for an immediate balancing of the budget, by a sharp curtailment or even elimination of government functions, I have asked the question: "What present expenditures would you reduce or eliminate?"
The proposed budget for 1939, which I shall shortly send to the Congress, will exhibit a further decrease in the deficit, though not a balance between income and outgo. To many who have pleaded with me for an immediate balancing of the budget, by a sharp curtailment or even elimination of government functions, I have asked the question: "What present expenditures would you reduce or eliminate?"
Instead of cooperating to gain their declared objectives of peace, prosperity and progress these two power blocs engaged in an armament race from 1903 to 1914, leading up to general war in 1914, with a second general war between the rivals in 1939.
Since then, Iceland's contribution has been steady, not only in the works of those who wrote in foreign languages, but equally and during the last couple of decades exclusively in vernacular writing. In fact, with the return to his native country of Gunnar Gunnarsson in 1939, the vogue of writing in foreign languages virtually came to an end.
My boss, Colonel Johnson, who had been the British Council representative in Greece prior to the outbreak of war in 1939, came to my office one morning and told me that he had heard a rumour that King George of the Hellenes, who was then in London, was going to broadcast in the Greek service of the B.B.C. I replied I had heard nothing, but would try and find out if the rumour was true.
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