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Meanwhile, however, the New Zealand Labor Government, under Prime Minister Michael Joseph Savage, elected first in 1935 and re-elected last year, has raised wages, reduced working hours, increased Government insurance, liberalized pensions, has raised taxes and has scared capital away. Moreover, world wool prices suddenly dropped. New Zealand found herself exporting only a few million dollars worth of goods more than she was importing, so that debt services in London were harder than ever to meet. The country's sterling reserves dwindled from $143,085,000 to $34,035,000. On top of this...

Author: /time Magazine | Title: NEW ZEALAND: Daniel in the Den | 8/7/1939 | See Source »

Testosterone is a powerful male sex hormone which is manufactured by male sex glands, was discovered in The Netherlands in 1935, and made synthetically in Switzerland the same year from the fat of sheep's wool. In the hands of competent doctors, testosterone has definitely helped cases of pathological sex inadequacy, by bringing the patient's sexual functioning up to par. But there is no evidence that it retards the natural sex decline and general debility of old age. Last week the experiments of Dr. V. G. Korenchevsky of Britain's Lister Institute proved that testosterone prolongs...

Author: /time Magazine | Title: Medicine: Testosterone Tested | 7/24/1939 | See Source »

Today slim, bald, horn-tufted with white wool like an Uncle Tom in business clothes, he has one son who is an African Methodist Episcopal bishop in Capetown, South Africa, another who is a physician, a daughter who is a St. Louis high-school teacher. His third son is a cashier in his father's bank, and another of his five daughters is a teller...

Author: /time Magazine | Title: BANKING: Up From Slavery | 7/17/1939 | See Source »

...Ford chemurgic laboratory at Dearborn displayed pride in a promising new fabric from soybean meal -said to be the first textile made from a vegetable protein.* Mr. Ford was presented with a tasteful necktie one-third of which was woven from the soybean fabric, the rest of silk and wool. Protein is extracted from soybean meal in saline solution, then mixed with other chemicals to make a viscous liquid, which is squirted into hair-sized filaments. The spun thread has a pleasant feel, fairly good tensile strength, takes dyes readily. Its intended use: automobile upholstery...

Author: /time Magazine | Title: Science: Mr. Ford's Necktie | 6/5/1939 | See Source »

...materials Germany has an exportable surplus of only two things: coal and chemicals. With a few industries (such as the electrical and dyestuff industries) the Germans have worked wonders. But ever since Germany ceased after 1871 to be a collection of medieval agrarian principalities she has had to import wool, cotton, rubber, metals, wood, oil and foodstuffs from beyond her territory...

Author: /time Magazine | Title: GERMANY: Wehrwirtschaft | 5/22/1939 | See Source »

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