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...year's greatest irony was that Britons expected bombs in the year's first days but got them only in the last. Although war caught Britain unprepared, there was no panic. Munich, the most exhausting psychological experience a nation ever endured, had dulled the British capacity to react. The mood of Britain in the first week of September 1939 was utter depression. Win or lose, for better or for worse, the Britain they had known was ended. Instinctively all knew...

Author: /time Magazine | Title: GREAT BRITAIN: Never Did, Never Shall | 9/9/1940 | See Source »

Despite restrictions, the House still functions as a market, and its quotations react quickly to good and bad war news. After the Low Countries and France went under, the London Financial Times's index of industrials collapsed to an eight-year low of 61. But the bombings of London, which send the brokers scurrying and are supposed to prelude the end of their world, have not fazed brokers or prices one whit. Last week, while the Stukas dived, the index had completed two months of climbing, was back...

Author: /time Magazine | Title: SECURITIES: The City v. The Street | 9/2/1940 | See Source »

...Viruses do not grow as independent molecules, but enter into a dynamic relationship with their hosts. For example, in certain rabbit tumors, the viruses entrench themselves in a group of cells. The animal's body may react by destroying the cells which harbor the virus. Once the host cells are destroyed, the tumors gradually disappear...

Author: /time Magazine | Title: Science: Universal Enemy | 8/26/1940 | See Source »

...Washington than elsewhere in the U. S. New Dealers solaced themselves with the belief that Wendell Willkie had reached the crest of his wave, would now decline. The FORTUNE Survey itself pointed out-"A public whose preferences are as fluid as the comparison of these returns indicates may react against the Republican candidate after the first delighted surprise at his nomination has worn off. And Willkie's opportunities to make mistakes in the campaign all lie ahead, while Roosevelt has had seven years in which, perhaps, to have made all the political mistakes he is likely to make...

Author: /time Magazine | Title: CAMPAIGN: Polls | 8/5/1940 | See Source »

...attempting to draw him out about the Third Term. He was, he said, President of the United States, sticking close to the affairs of the nation, as his position dictated; he would not go to the Convention. But the uncertainty over what he intended to do, how he would react when he received the nomination that all observers agreed he would get, was a more powerful political force than any political action he could have taken, any political statement he could have made. And when Chicago observers looked over the scene-the other candidates stymied, the delegates supporting Roosevelt because...

Author: /time Magazine | Title: THE PRESIDENCY: Power of Silence | 7/22/1940 | See Source »

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