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...plan during the early stages of the war was for a rough division of the economy, thus: 50% for the military, 50% for the civilian, in goods produced. The figure, long thought impossible of attainment, crept up & up; by last week production of war goods was 66%, just below two-thirds of the economy...

Author: /time Magazine | Title: GOVERNMENT: Home Front | 4/26/1943 | See Source »

...returns crept up to $462,519. Mr. Watson reduced his 5% take to 2½% as of Jan. 1, 1942. I.B.M. business multiplied. As 1942 approached its end, President Watson again faced an inevitable, enormous bonanza. He took a drastic step, requested that his extra compensation for 1942 be no greater than in 1939, explaining that thereby he would avoid personal profit from the company's munitions busi ness, of which it had none in '39. (Watson is a trustee of the Carnegie Endowment for International Peace.) Result of his abnegations: President Watson received a mere...

Author: /time Magazine | Title: MANAGEMENT: The Golden Touch | 4/19/1943 | See Source »

Captain Ludwig Sertorius, military commentator for the German Transocean News Service, said: "The German counteroffensive has shifted . . . in harmony with the general trend of fighting into the northern direction." Having retaken Kharkov, having consolidated positions on the western bank of the Donets, the German efforts crept to the Belgorod Sector, 45 miles north of Kharkov, to the Kursk sector, 120 miles north, to the Bryansk sector, 250 miles northwest of Kharkov. Smolensk is 145 miles northwest of Bryansk...

Author: /time Magazine | Title: World Battlefronts: BATTLE OF RUSSIA: Thirty Long Miles | 4/5/1943 | See Source »

...noon the Del Commune had traveled only three miles. Her officers took counsel, decided to give up, pointed her battered nose back to Dubuque. When she crept into harbor she was sheathed with snow...

Author: /time Magazine | Title: Captain Joe & the Old Man | 3/29/1943 | See Source »

...night last summer, a small sailboat crept out of Batavia. Aboard were three Dutchmen, the first and (so far) the only white men on record who have escaped from Java since the Japs took the island almost a year ago. Last week one of those Dutchmen, safe in the U.S., told what it was like to live under Japanese military rule...

Author: /time Magazine | Title: World Battlefronts: BEWARE, THERE IS AMERICA | 3/1/1943 | See Source »

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