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...Moscow came an agreement of such scope as few men had dared hope for. True, its terms were largely an agreement to agree (see p. 18). To put them effectively in practice would require the world's best brains and all its good will. But the fog through which the four great United Nations groped had lifted. Now-still far away but visible-could be seen the horizons of a new and brighter world...

Author: /time Magazine | Title: New Horizons | 11/8/1943 | See Source »

Near Barnegat Inlet on the New Jersey coast, duck hunters lay in fogbound blinds and listened to the stodgy thrum of two blimps plowing through the overcast. Then they heard a ripping crash. Through the fog, wreckage dripped down into...

Author: /time Magazine | Title: Army & Navy: In the Fog | 10/25/1943 | See Source »

Through the day the fog rolled in from the sea; next morning sea and sky were washed bright and clear. But eight officers and men had been lost off Barnegat...

Author: /time Magazine | Title: Army & Navy: In the Fog | 10/25/1943 | See Source »

Inflation Later. The week also produced a notable fog-clearing statement about postwar inflation. Harvard's distinguished pro-business economist, Sumner Slichter, in a special supplement to the autumn Harvard Business Review, explored the probabilities of a dangerous inflation after the war. He concluded: 1) the danger of the now-famed, and admittedly enormous, '"inflationary gap" has been grossly exaggerated; 2) the danger of an all-out postwar inflation is lessened by the fact that price control today has been "fair" rather than "perfect"; 3) the admittedly huge liquid funds in consumers' and corporations' pockets will...

Author: /time Magazine | Title: MANAGEMENT: Sense on Policy | 10/25/1943 | See Source »

...According to Chinese claims the first use of a magnetic compass was by Chinese Emperor Hwang-ti in a battle in 2364 B.C. To guide his warriors through an enemy fog screen, he mounted on a cart a magnetized figure which steadily pointed south. But the real origin of the compass and its first use is uncertain...

Author: /time Magazine | Title: Science: Truer Compass | 10/25/1943 | See Source »

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