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...moderate group of price fixers?the Lowden group they may be called???propose an alternative. They suggest that the domestic price be fixed by a sort of gigantic co-operative marketing association, which will then sell its surplus abroad at a loss, this loss instead of being taken by the Government as price fixer to be prorated among the producers. In this way, they contend, the loss on the surplus prorated among the producers, would tend to act as a deterrent to overproduction...

Author: /time Magazine | Title: FARMERS: The Surplus Problem | 1/4/1926 | See Source »

Anton Flettner's Rotor Ship (TiME, Nov. 17)?or Sailless Ship, as it is more commonly called???has set the scientific world agog. Early reports were entirely misleading. There is no question of capturing the energy of the wind by means of a windmill and transmitting this energy in electrical fashion to an ordinary type of propeller. The invention is at once more simple in mechanism and more recondite in principle. Imagine the Flettner ship broadside to a natural wind, with its huge cylinders rotating in the same direction as the hands of a clock laid flat on deck...

Author: /time Magazine | Title: Sailless Ship | 12/8/1924 | See Source »

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