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M.P.s leaned forward to hear the "radical" proposals that would haul Britain from the quicksands of near-bankruptcy. But they heard none. Instead, Butler dryly recited the twice-told tale of how the Tories have somewhat staunched the drain on gold and dollar reserves-a story of more austerity and cuts in imports, a slight boost in coal production, and an end to cheap credit. Now, continued Butler, Britain's $13 billion rearmament program, begun so bravely in early 1951 by the Socialists (with full Tory support), will assume under the Tories "a new pattern." Defense production would...

Author: /time Magazine | Title: GREAT BRITAIN: Poor Performance | 8/11/1952 | See Source »

Agriculture: Manchuria is the only region in underfed Red China which produces an agricultural surplus. The Japanese got its grain production up to 16 million tons a year; the Communists increased it to 18. This year, because of devastating summer floods and the drain on manpower for the armies in Korea, it has fallen to about 17 million tons...

Author: /time Magazine | Title: CHINA: North of the Great Wall | 5/19/1952 | See Source »

...first six months have made 49-year-old Chancellor of the Exchequer Richard Austen ("Rab") Butler, the "young Turk of Toryism," the fastest-growing man in the Conservative Party. His budget, a brave one, shapes up already as the outstanding success of the half-year. The drain on Britain's lifeblood, the dollar reserves, was slowed and the gap between dollars spent and dollars earned was closed last month to $71 million, chiefly as a result of Butler measures...

Author: /time Magazine | Title: GREAT BRITAIN: The Guillotine | 5/5/1952 | See Source »

...City hospital officials began a thorough investigation last week, but one fact was established immediately: though Cumberland had taken careful precautions (cotton gowns for the surgeons, metal chains on the anesthetic machine), its operating-room floor was tile, and lacked a grounded grid of conductive material, e.g., copper, to drain off static electricity. The U.S. Bureau of Mines and the National Board of Fire Underwriters recommend that operating-room floors be grounded in some such way. But there is no uniform code, and doctors disagree about what is safest...

Author: /time Magazine | Title: Medicine: Fatal Misadventure | 4/28/1952 | See Source »

...doctors had to drain off almost four quarts of fluid every ten days...

Author: /time Magazine | Title: Atomic Medicine: THE GREAT SEARCH FOR CURES ON A NEW FRONTIER | 4/7/1952 | See Source »

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