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...John, when he recently became Chancellor of the Exchequer, found himself in charge of a new tax trap designed for Rearmament profiteers but so objectionable to many potent Britons that there was nothing to do but hastily scrap the design. Its inventor was the Rt. Hon. Arthur Neville Chamberlain, now Prime Minister, who was Chancellor of the Exchequer when he introduced it in the House of Commons as the National Defense Contribution (TIME, May 3). This bill was to help hugely in paying for Rearmament by taxing of British firms on a sliding scale proportionate to the rate at which...

Author: /time Magazine | Title: Foreign News: Simple Simon's Tax | 6/28/1937 | See Source »

Died. Frederic Eugene Ives, Si, inventor (in 1886) of the half-tone engraving process that made possible the reproduction of photographs in newsprints; of chronic nephritis and myocarditis; in Philadelphia...

Author: /time Magazine | Title: Milestones, Jun. 7, 1937 | 6/7/1937 | See Source »

City Hall. One of the finest examples of 18th Century architecture in the U. S., New York's frequently neglected city hall can hold its own with anything in Boston, Philadelphia, Charleston. It contains antique furniture and historical portraits of great importance. Prize: Telegraph Inventor Samuel F. B. Morse's portrait of the Marquis de Lafayette...

Author: /time Magazine | Title: Art: Bache Museum | 5/10/1937 | See Source »

...Manhattan it was revealed that since last autumn Nikola Tesla, 80, eccentric, Lika-born electrical inventor, had been paying Western Union to send a messenger boy to the Public Library promenade twice daily, scatter 5 Ib. of corn for the pigeons...

Author: /time Magazine | Title: People, May 10, 1937 | 5/10/1937 | See Source »

...Aluminum Co. of America but some of the warmest are to be found among missionaries. The loyalty of this pious rooting section is as well-grounded in material interest as that of the Mellon family, which owns about one-third of Alcoa's stock. When Charles Martin Hall, inventor of the process which started the company on its monopolistic career, died in 1914, he left one-third of his $27,000,000 fortune to the American Missionary Society and another one-sixth for advancement of education in the Near and Far East...

Author: /time Magazine | Title: Business & Finance: Again, Alcoa | 5/3/1937 | See Source »

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