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...Marshall Field & Co.'s wholesale department needed new quarters. He decided to put up a building which would house not only Marshall Field but many another manufacturer and wholesaler, would be another State Street in its concentration of buyers & sellers. Getting from the Chicago & North Western Ry. a tract of land along the Chicago River, he built the Merchandise Mart. It is two blocks long and a block deep, cost Marshall Field & Co. some $30,000,000. Completed in Depression, it looked at first like a great Depression error. New York was the buyer's Mecca, Chicago...

Author: /time Magazine | Title: Business & Finance: Storekeepers' Store | 1/13/1936 | See Source »

...best seller of 1934 was Kemmerer on Money, a timely tract on the gold standard whipped out by Princeton's famed money doctor. Onetime financial adviser to the Philippines, the Dawes Commission and eleven foreign nations, Professor Edwin Walter Kemmerer has lately been in high domestic favor with hard-money men and balanced budgeteers. Last week in Philadelphia Dr. Kemmerer ventured a prophecy on prices by the end of Depression. Said he: "We may reasonably expect that the cost of living, the wholesale and general price levels will be something like double what they are today...

Author: /time Magazine | Title: Business & Finance: Prophecy | 12/9/1935 | See Source »

...subjects realized how fast their Government is rushing forward with its program of rearmed Might. Acutely vexed by this program is Giles Stephen Holland Fox-Strangways, 6th Earl of Ilchester, Baron Ilchester and Strangways. His hobby is swans and the Government has decided to convert a great tract scarcely four miles from Ilchester's famed swannery at Abbotsbury into a nerve-racking "bombing range." It has also decided to turn much of his property in Dorset into one of the world's most powerful air bases...

Author: /time Magazine | Title: GREAT BRITAIN: Swan Lord's Woes | 12/2/1935 | See Source »

...does every autumn, the New York Academy of Medicine conducted a notable series of lectures and hospital demonstrations for the benefit of practicing physicians during the past fortnight. The subject this year was "Diseases of the Respiratory Tract," and it provided a compact postgraduate course in all the ailments which attack the respiratory tract from the nostrils to the base of the lungs...

Author: /time Magazine | Title: Medicine: Postgraduates in Manhattan | 11/11/1935 | See Source »

...pulp, cellulose flour and agar agar. How do such bulky foods make the bowels move? Drs. Olmsted & Williams decided: "The sum and substance of this physiological experiment goes to prove that the so-called 'bulk' of the human diet is not inert material going through the intestinal tract unchanged, but rather that it is acted upon by bacteria to a very great degree, and that it is these split products of bacterial action that stimulate...

Author: /time Magazine | Title: Medicine: Clinicians in Chicago | 11/11/1935 | See Source »

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