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...wrote Mr. Doane, "in order to supply our population with barely one-half a new garment each, we were forced to import more than one-half billion pounds of wool and cotton, to say nothing of other fibres. And had we then had the mechanical capacity to supply two full garments each we would have been forced to increase our supply of cotton, either by additional importation or cultivation, by a full five billion pounds; and our wool by more than one billion pounds, which means an increase of six times our present number of sheep, and an additional...

Author: /time Magazine | Title: FARMERS: Abundance v. Scarcity | 8/13/1934 | See Source »

...supply its customers with Paris copies, a department store, through its buyer at the opening, will purchase a variety of original models and import them into the U. S. under bond. If the model is returned to France within six months, the store does not have to pay any U. S. duty on it. During that period the store turns the Paris gown, which may have cost as much as $1,000, over to its private manufacturer to make, say, 50 copies to sell at $69.50. The store is at liberty to advertise its 50 dresses as copies of Chanel...

Author: /time Magazine | Title: Business: Haute Couture | 8/13/1934 | See Source »

...renew the Hopewell machinery wrecked by the night raid of the strikers. Such repairs, he said, would cost thousands of dollars?far more than Tubize Chatillon stockholders would be warranted in investing in a rehabilitation of Hopewell. The company would make no more rayon yarn in Virginia but would import whatever was needed for use on its Hopewell looms from its yarn plant at Rome, Ga. Closing the yarn plant would put 1,500 of the company's 1,858 employes permanently out of jobs...

Author: /time Magazine | Title: LABOR: Hopeless Hopewell | 8/6/1934 | See Source »

...Import Blockade." Adolf Hitler can make an "Economic Tsar" but an "Economic Tsar" cannot always work miracles. Up to last week Dr. Schmitt's Ministry of Economics had used its theoretically boundless powers chiefly to establish an "import blockade" or trade rationing system as drastic as Soviet Russia...

Author: /time Magazine | Title: GERMANY: Hand-to-Mouth | 8/6/1934 | See Source »

Until 1895, when the Poughkeepsie Regatta started, the winner of the Har-vard-Yale race was considered the best crew in the U. S. As the athletic import of the race declined, its social prestige increased. Last week more than half of the commissioned yachts in Eastern waters were crowded into the mouth of the Thames. Biggest were boats like Carl Tucker's Migrant (661 tons), Arthur Curtiss James's Aloha (659 tons), Hiram Edward Manville's Hi-Esmaro (1,333 tons). J. P. Morgan's Corsair (2,181 tons), like Gerard B. Lambert...

Author: /time Magazine | Title: Sport: 72nd Rowing | 7/2/1934 | See Source »

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