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...powder plant in Childersburg, Ala. (TIME, Feb. 17). Through a wholly-owned subsidiary (Brecon Loading Co.) set up overnight, Coca-Cola will spend $1,091,000 on equipment, use the rest for operating expenses. As for profits, Chairman of the Board Robert Winship Woodruff (whose experience with gunpowder has hitherto been confined to his notable quick-triggery in the hunting field) explained: "We don't expect to make any money...
Closemouthed as he has been on the subject, Winston Churchill told Harrow students last December: "When this war is won-as it surely will be-it must be one of our aims to establish a state of society where the advantages and privileges which hitherto have been enjoyed by the few shall be far more widely shared by the men and youth of the nation as a whole." A few days earlier, in answer to the question: "Is it not desirable that the German people should suffer humiliation and defeat?", Churchill answered: "I will be content if they suffer defeat...
...Hitherto Japan's attack on the smugglers has been mostly by bombing planes, largely impotent against the scattered traffic in the dark. But early one morning last week Japanese warships and transports steamed out of the mist into Bias Bay, 40 miles north of Hong Kong, landed a force reported at more than 10,000 which promptly began moving inland, covered by bombers, across the smuggling country. Soon they threatened Wai-chow, an important smuggling station, and no strong Chinese opposition arrived...
Magically open to A. P., through its subsidiary, will be a host of money-making activities which were hitherto closed to it. P. A. can sell news for radio broadcasts, can supply special reports to public speakers, writers, magazines, can write radio shows and motion-picture scripts. One of its first jobs will be to handle revenues from Oliver Gramling's book. AP The Story of News (TIME, Nov. 4), which was written on assignment for A. P., has sold some 20,000 copies since October, is now being dramatized for radio...
...similar 20th-Century ills. Collier offers a fuller-blooded evil often conjured up with appropriate 17th-Century English suggesting the grimmer scenes of King Lear. From that play he plucked titles for two former books: Defy the Foul Fiend and Tom's Acold. Author Collier, 39, has hitherto rusticated in Hampshire, England, now finds Virginia more suited for the cultivation of prose, verse and prize-winning flowers. But the label "whimsy" withers within ten feet of his pungent, multifoliate fancies...