Word: wool
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...Printed proceedings of the House of Lords begin each day with the notation: "The Lord Chancellor took his seat on the Woolsack." In the time of Edward III, the Lord Chancellor actually sat upon a cushion stuffed with wool, to signify England's dependence upon her wool trade. Now the historic woolsack is a seat upholstered in red cloth. Great was the dismay of the Lords a month ago when the woolsack was found to contain common horsehair. No record of the change had been made. Last weekend, with the peers away for their Whitsuntide recess, the Lord Great...
...Extended the Commodity Exchange Act to cover dealings in wool and wool tops. When the act was passed in 1936, wool trading was ignored because it seemed of such minor speculative importance. Presently producers began protesting about fluctuations of wool prices and the Senate appointed a Wool Investigating Committee. Matters came to a head last December when wool dealers in Boston demanded the closing of the New York wool futures market, claiming that speculation was rife (TIME, Dec. 6). Finding that wool trading was similar to trading in other commodity futures, the Senate decided to put wool markets also under...
Seated cross-legged in a basket, the dead Indian was wrapped in hundreds of yards of cotton and wool cloth and decked in all the finery of the historic civilization from the dry eastern sea-coast of South America...
...began only: 1) when Dr. Adolf Butenandt of Germany, after treating 62,500 gallons of urine, succeeded in crystallizing one two-thousandths of an ounce of male sex hormone called "androsterone"; 2) when Leopold Ruzicka of Switzerland manufactured a similar substance "testosterone" from the fat of sheep's wool (TIME, Sept...
...Summoned to Washington to confer with the Federal Trade Commission on fair trade practices for the wool industry, the National Association of Wool Manufacturers refused to attend. F. T. C. is pondering a set of fibre identification rules for wool textiles such as those which upset the rayon industry last year (TIME, Nov. 29). Said President Arthur Besse of the National Association of Wool Manufacturers : "The wool textile industry as a whole does not desire or see the need for any such trade practice conference. . . .' F. T. C. retorted that its conference would begin on March...