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Even with Jordan out, the market continued to fall, although more slowly. Never under control, cotton prices had zoomed up to a 26-year high of 39.78? a lb., thanks to the war and the fact that 1) this year's U.S. crop is the smallest in 25 years and 2) textile mills, in peak production, have been using up cotton at 150% of the peacetime rate. But it was only a question of time till cotton buyers and speculators who had spread themselves too thin realized that the comparatively small U.S. carryover from this year...

Author: /time Magazine | Title: THE ECONOMY: First Crack in the Dike | 10/28/1946 | See Source »

...article, especially since so many of today's students have already had their educations interrupted and misshapen by the events of the past six years. Accepting war service credits should be a matter of choice, rather than of compulsion, resting with the individual. Course credits traditionally have constituted the smallest part of a Harvard education, and the necessities of peace demand a return to former, and notable, standards...

Author: NO WRITER ATTRIBUTED | Title: Minimum Education | 10/26/1946 | See Source »

...biggest plant, Tennessee Eastman, a majority of the workmen voted for no union at all. At the smallest, Monsanto Chemical Co., the A.F.L. came out on top. At the Carbide & Carbon Chemicals factory, where the C.I.O. had trailed the A.F.L. in the first election, it now won by a molecule (25 votes out of 3,811 cast...

Author: /time Magazine | Title: National Affairs: Tweedledum Y. Tweedledee | 9/23/1946 | See Source »

Little but Lion hearted. But a fighting heart has not been enough. Today, despite occasional polygamy and a 70% illegitimacy rate, Paraguay's population is South America's smallest, barely a million, less than it was in 1865. Asunción (pop. 172,400) is the only capital in the new world without a public water system. It has no fire department either. Army & Navy garrisons do the firefighting, with a chance for looting as special inducement...

Author: /time Magazine | Title: PARAGUAY: A Parliament for Warriors | 9/23/1946 | See Source »

Curbed, not Cured. But diabetes, though controllable, is still neither preventable nor curable, and the tendency to diabetes has been found to be hereditary. No sure way is known to halt deterioration of a diabetic's blood vessels, often eventual hardening of his arteries. Sometimes the smallest scratch may still mean gangrene. Though insulin has sent the younger (under 40) diabetic's life expectancy soaring, the overall death rate has actually increased during the insulin era: diabetes in 1920 caused 1.4% of all U.S. deaths, now causes 2.5%.* Most diabeticians still feel much as Banting did when...

Author: /time Magazine | Title: Medicine: Insulin at 25 | 9/23/1946 | See Source »

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