Word: nitrogenous
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...crisis concerned nitrates, needful in peace as fertilizer, in war as the basis of explosives. Because Chile digs nitrates from her natural deposits, because German producers of synthetic nitrogen cut prices, threatened to ruin her, Chile's whole nitrate industry was rationalized, reorganized and speeded up last year by the creation of "Cosach," the $375,000,000 nitrate trust, Compania De Salitre De Chile (TIME, July 28, 1930). Last week the most violent political and editorial attacks on Cosach were hurled up & down the length of slender Chile...
...sacks may stick together. Or the outer sack may adhere to the inside of the chest wall or to the upper side of the diaphragm. Or fibrous bands may develop and constrict the heart. During early pericardiac inflammation, Dr. Lewis Atterbury Conner of Cornell University pumps a little nitrogen-rich air between the two sacks. The gas holds the tissues apart until the inflammation goes away. Inflammation causes an exudation from the sacks. Doctors have merry names to describe the appearances of the exuding membranes-bread & butter pericardium, when the facing surfaces of the two sacks look like the slices...
...Because of the intricate politics and jealousies of German finance, no professional banker could be appointed. Herr Schmitz is the next best thing. He is the financial adviser, the banking counsel of the largest corporation in Germany, the German Dye Trust. As a director of the German Nitrogen Syndicate, Herr Schmitz played a central part last week in the breakup of the international nitrate conference at Lucerne...
Mighty in war and peace, nitrogen is the base of many a chemical product. A vice president of International Agricultural Corp. has said that in the future "nitrate production and not gold will measure the world's wealth." To Chile the problem is most immediate, for when the Government removed the export tax it expected to benefit equally by sharing in Cosach's profits. Failure of these to materialize was largely responsible for Chile's financial crisis of last week...
...which he brought his full professional prestige as an engineer, made these objections to the bill: 1) Government operation of the plant would produce a loss of $2,000,000 per year; 2) Muscle Shoals is no longer needed for national defense because private companies now make ample synthetic nitrogen; 3) no private company would take a restricted lease on the nitrate plant; 4) unknown millions would be required to modernize the "more or less obsolete" nitrate plant; 5) a capable board of managers believing in government operation could not be found; 6) the Government would be competing with...