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...Those in charge of a well-managed and solvent industry should no more consider casting the burden of a temporary business recession upon their workers than upon their bondholders...

Author: /time Magazine | Title: THE PRESIDENCY: Iffy | 2/7/1938 | See Source »

Just as significant to C. I. 0. as its financial support has been the Garment Workers contribution in manpower. In 1926 when a disastrous strike cost the union some $3,500,000, the only solvent local was David Dubinsky's. He was made president of the international union in 1932, after the death of famed Ben Schlesinger. Under the New Deal membership has jumped from...

Author: /time Magazine | Title: LABOR: In Justice | 1/10/1938 | See Source »

Most of the solvent mills operated at a net loss throughout the six years of Depression. Labor costs have gone up and it was inevitable that newsprint prices would go up too. But publishers put their trust in Great Northern at least to raise them gently. Last March, International Paper & Power, biggest paper company in the world and leader of the Canadian mills which would like still higher prices, beat Great Northern to it, announced a $50 contract price for the first six months of 1938. Great Northern's price, announced seven months later, was $48 for the first...

Author: /time Magazine | Title: Business: Publishers' Pains | 1/10/1938 | See Source »

...Nashville Medical School, decided to manufacture drugs for doctors rather than practice medicine himself. His business, established in Bristol, Tenn., grew until it had $300,000 in assets. Then, two months ago, fatality knocked at its door. A new mixture of a new drug (sulfanilamide) with a new solvent (diethylene glycol), which Dr. Massengill's salesmen sold as Elixir Sulfanilamide-Massengill, was discovered to be killing its users (TIME...

Author: /time Magazine | Title: Medicine: Post-Mortem | 12/20/1937 | See Source »

...Technically the only solvent usable in an elixir is alcohol. On this technicality alone was the Food & Drug Administration legally able to intervene when the "elixir's" death-dealing qualities became evident...

Author: /time Magazine | Title: Medicine: Post-Mortem | 12/20/1937 | See Source »

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