Word: began
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Dates: during 1920-1929
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...Swedish Alfred Bernhard Nobel's posthumous Prize-giving began in 1901. Emil von Behring (1854-1917), German, won the first Prize in Medicine for his discovery that the serum of an immunized person will confer immunity against the same disease on another into whom it is injected (Behring...
...physiology at the University of Utrecht, Holland. Professor Zwaardemaker took the hearts out of eels and frogs, pumped through them physiological salt solutions. The hearts beat in vitro half an hour or so, then ceased. Professor Zwaardemaker added small amounts of potassium salt to his solution. The hearts began to beat again. They continued so for 24 hours. Potassium is weakly radioactive. Other radioactive elements gave the same stimulating results-radium, thorium, uranium, polonium...
...broad and high forehead and a reflective cast of countenance give Irving T. Bush more the aspect of a philosopher than a successful businessman. After a preparatory school education at Hill School, Pottstown, Pa., and a cruise round the world on his father's yacht, the Coronet, young Bush began to dream of his great terminal scheme. In 1902 he founded Bush Terminal, Inc., and began to build six small warehouses and a pier. When the big railroads ignored his tiny terminal, he called it to their attention by buying many a carload of hay in Michigan and sending...
...saying that great emergencies produce men who are competent to deal with them" began a resolution adopted last week by the Governing Committee of the New York Stock Exchange. The "emergency" was of course the October-November break. The man was Richard Whitney, vice president of the Exchange, acting as president while E. H. H. Simmons was honeymooning. Whitney qualities praised in the resolution were "courage, resourcefulness, and sound judgment . . . rare qualities of leadership." Oldsters, saying this was the first instance of personal praise by the Committee, wagered Mr. Whitney will be elected president of the Exchange next May. President...
Production. Aside from Sir Henri and the Shell-Socony war, oilmen were chiefly interested in the perennial problem of overproduction. When 1929 began, there were in storage 625,000,000 barrels of crude oil, representing excess of production over consumption. Production during 1929 totaled about 200,000 barrels a day over consumption, so that at the end of the third quarter the 600,000,000 barrel excess had increased to 675,000,000 barrels, or about enough for eight months consumption. During 1928 oil wells produced about 900,000,000 barrels; during 1929 the production will reach an even billion...