Word: war
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Dates: during 1940-1949
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Cold rubber (so called because it is cooked at 41° Fahrenheit, compared to 122° for regular synthetic) has been the sensation of the U.S. synthetic industry. Researchers first produced it during World War II. Because cold rubber is made at a lower temperature, it has a longer molecule which fits it to outwear natural rubber by as much...
Early in the war, plump, bustling Ruddy Tongg formed a syndicate of small businessmen, called a hid (rhymes with Louie), and bought up properties of Caucasians fleeing to the mainland. At war's end, Ruddy Tongg had $1,000,000 worth of choice assets, including a bottling works, lucrative Waikiki Tavern, an insurance company, a 36,000-acre ranch and other real estate...
...Which printed TIME'S Pacific edition during part of the war...
...world (in his famed Point Four), the same idea had occurred to a small, forward-looking group of U.S., British and Canadian capitalists. The group included ex-Secretary of State Edward R. Stettinius, onetime OSS Boss William J. Donovan and Britain's Sir William Samuel Stephenson, World War II boss of all British secret operations in the Western Hemisphere. At war's end, they and associates* formed the World Commerce Corp. and raised an initial $1.000.000 to help "bridge over the breakdown in foreign exchange." Their plan: to provide the tools, machinery and know-how to develop untapped...
...could not have picked a better man. A colleague once described Canadian-born Sir William, now 53, as "quiet, unassuming, inconspicuous-perfect for his work as a spy because you never notice him." Sir William's World War II work was so secret that he will still not discuss it, before the war he was just as unobtrusive, and influential, in British high finance. Settling down in England after a World War I stint as an airman, he soon had a finger in radio, gramophones, aviation, steel, real estate and construction (he built London's huge sports arena...