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...Neville Chamberlain and Colonial Secretary Sir Philip Cunliffe-Lister when Laborite M. P.'s demanded to know whether Britain's Gibraltar-like "Big Five" banks were burned in the peanut oil, pepper and shellac crashes (TIME, Feb. 18, 25) and whether a crash in London's tin market may not be imminent...

Author: /time Magazine | Title: GREAT BRITAIN: Parliament's Week: Mar. 4, 1935 | 3/4/1935 | See Source »

Snapped Sir Philip, until 1931 a director in Consolidated Tin Smelters: "His Majesty's Government watch the developments in the tin market, but do not consider any action on their part called for. . . . We have never had a complaint that the present high price of tin is unreasonable. . . . In fact the price of tin has remained remarkably stable for many months with the result that speculation has, I understand, greatly diminished...

Author: /time Magazine | Title: GREAT BRITAIN: Parliament's Week: Mar. 4, 1935 | 3/4/1935 | See Source »

...time in three years. Peanuts started it by sinking one of the biggest commodity houses on the venerable Baltic Exchange. Then shellac threatened the City (financial district), until the distressed shellac manipulators were rescued behind locked doors. There was a sharp break in Australian gold shares, a break in tin. Last week the century-old Bradford house of Francis Willey & Co., world's largest wool dealers, was in trouble. It was apparent that British recovery was slowing, and finally there was the current political excitement...

Author: /time Magazine | Title: GREAT BRITAIN: Pepper Pother | 2/25/1935 | See Source »

Pressed Steel Manufacturer John Woodman Higgins of Worcester, Mass, has one thing in common with Shakespeare's Claudio: each would walk ten miles afoot to see good armor. For John Woodman Higgins, who manufactured tin hats for the A. E. F. during the War, is an enthusiastic collector of ancient armor, has a private museum next to his stamping mill to inspire his workmen. With a lumberman, an elderly metallurgist, a surgeon and a number of museum curators he left Manhattan one evening last week, crossed the Queensborough Bridge to a spick & span brick blacksmith shop in a frowsy...

Author: /time Magazine | Title: Art: Swordsmith | 2/25/1935 | See Source »

...first twenty years of its existence Phelps Dodge Corp. sold cotton and tin. When in 1833 a brand new warehouse collapsed on the heads of his fusty clerks, pious old Anson G. Phelps reorganized the business, began selling lumber, iron, steel, insurance. Next Phelps Dodge acquired a patch of ground in Bisbee, Ariz, and began to dig. In 1906 it announced in all New York newspapers: "Owing to the great increase of our Copper and Railroad business in the West, we have been obliged to give up the selling of all metals except Copper...

Author: /time Magazine | Title: Business: Phelps Dodge | 2/18/1935 | See Source »

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