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...Enemy Act. The details were less appalling. In 1940, under authority of the act, President Roosevelt froze the U.S. funds of all citizens of nations invaded by the Axis. Chase's alleged offense was that it had allowed a refugee Dutch diamond merchant named Leonard J. A. Smit* to withdraw $264,000 from his accounts. Smit, it was charged, had then proceeded to buy industrial diamonds for sale to Japan and Axis-dominated countries...

Author: /time Magazine | Title: BANKING: Diamonds to the Enemy | 1/24/1944 | See Source »

...their rich, paneled offices off an awninged terrace overlooking the Hudson in downtown Manhattan, officials of the Dutch diamond firm of J. K. Smit & Sons were solemn last week. Amsterdam and their home office were in Nazi hands. So, too, they feared, were snow-haired Johan Smit, head of the firm, and Joop, the second of his three partner-sons, who was with the Dutch Army. Suddenly came a cablegram, signed by Johan's oldest son, Jan: how soon could Smit's Manhattan office get and ship 500 diamond-cutting saws to London...

Author: /time Magazine | Title: Business: Industrial Diamonds | 6/3/1940 | See Source »

...including third son Piet, concluded that some of The Netherlands' skilled cutters had escaped (without their equipment) to London. With relief they got busy on the saw order. It meant that Amsterdam's great diamond-cutting industry had not fallen entirely into enemy hands. To firms like Smit & Sons, which specialize in industrial diamonds, it meant that they could still supply the Allies' war-pressed industrial machine with indispensable diamond tools...

Author: /time Magazine | Title: Business: Industrial Diamonds | 6/3/1940 | See Source »

...Caltech let out some preliminary details of an important discovery. At Stanford, Drs. Edward Lawrie Tatum and George Wells Beadle isolated in crystalline form one of two hormones by means of which Drosophila'?, genes control the fly's eye color. At Caltech, Dr. Arie Jan Haagen-Smit analyzed the hormone, found its molecule contained 21 atoms of carbon, 34 of hydrogen, two of nitrogen. 14 of oxygen. If the California scientists can follow up this first success by isolating and identifying the other eye-color hormone, they may cast a sudden brilliant light on how genes control heredity...

Author: /time Magazine | Title: Science: Fly's Eye | 5/27/1940 | See Source »

...beats," feel pain, were theories of the late Hindu Botanist Sir Jagadis Chunder Bose. Every gardener knows that "wounded" plants heal themselves with mysterious juices. Last summer, Chemist James English Jr. and James Frederick Bonner, working at the California Institute of Technology with famed Dutch Plantman Aire Jan Haagen-Smit, announced that they had solved the mystery of that healing juice. In a kitchen-simple experiment, they butchered a batch of fresh Kentucky Wonder string beans, dribbled the hormone-rich juice into the pod-linings of other wounded beans. In a few hours, large clumps of healthy new cells piled...

Author: /time Magazine | Title: Science: Wounded Beans | 10/16/1939 | See Source »

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