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...Soviet Union's pioneerland, a vast (2,316,600 sq. mi.), cold, potentially rich region, bigger than the West that lay before the pioneering U. S. 100 years ago. Since 1932 the U. S. S. R. has systematically explored its northland, not only for its resources (nickel, copper, lumber, coal, reindeer, fish, fur), but in an ambitious effort eventually to open for year-round navigation the narrow passage of ice-choked water, now navigable only in summer, which fringes the tundras just south of the Arctic Pack. If that Northeast Passage were open. Russia would have an all-Russian...

Author: /time Magazine | Title: SOVIET UNION: Saga of the Sedov | 2/12/1940 | See Source »

Hell's Bells. "K-42-B" is a new alloy of iron, nickel, cobalt, chromium, manganese, silicon, carbon and titanium which maintains extreme hardness at high temperatures. Two bell-shaped castings, one of ordinary steel, one of K-42-B, were heated red-hot in a furnace. When the red-hot steel bell was struck with a hammer, it was too soft to respond with anything but a thud. But the red-hot K-42-B bell, when struck, rang out clearly, like a church bell on a sparkling winter day. The Westinghouse people call this exhibit "Hell...

Author: /time Magazine | Title: Science: At Westinghouse | 2/12/1940 | See Source »

...earning nearly twice as much as its preferred dividends, was investing spare cash in bankers' acceptances. Remarkable is this liquidity and solvency for a system dependent in good part on such feast-&-famine businesses as Timken Roller Bearing (at Canton, Ohio), American Rolling Mill (at Ashland, Ky.), International Nickel (at Huntington, W. Va.), then very much depressed...

Author: /time Magazine | Title: Business: Tidy Tiddbit | 1/15/1940 | See Source »

...more important than these exchanges, Sweden promised: 1) to use all her maritime imports for home consumption (except such as may be forwarded to Finland); 2) not to import more strategic raw materials (like copper and nickel) than she did before the war; 3) not to use more than specified amounts of for eign raw materials in manufactures for export (such as telephones). In return for these promises, Britain promised to expedite clearance of Swedish ships through Allied control ports, and offered naval convoy to Swedish trade ships (each Swedish owner to decide this point for himself...

Author: /time Magazine | Title: ECONOMIC FRONT: New Tentacles | 1/8/1940 | See Source »

Northern Front. There the Russians, evidently using better troops, made their only important gains, but these were serious enough for the Finns. Sweeping down from Petsamo, the Russians took the nickel-mining town of Salmijärvi, but not before the Finns had blown up the mines and set every shack afire. The Finns retreated towards Pitkajärvi, where they prepared themselves for a stand. At week's end fires burned in the Arctic night along...

Author: /time Magazine | Title: NORTHERN THEATRE: Soldiers, Arise! | 12/25/1939 | See Source »

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