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...REPORTED. The story reported what has long been on public record: that Japan is building three to four big battleships, somewhere between 7,000 and 12,000 tons heavier than the biggest (33,400 tons) in the U. S. Navy. The news in Lem Speers's yarn was that Japan had speeded up construction of its giants, that "the Japanese battleship program may include eight and possibly twelve such craft." Trusting the British to police the Atlantic for them, the U. S. Navy plans and builds to be ready for Japan in the Pacific. Since Japan, with eight...

Author: /time Magazine | Title: THE CONGRESS: Mr. Speers's Navy | 4/22/1940 | See Source »

...nights 8:30 to 8:45 E.S.T., is the latest thing in radio ghost stories. Its talebearer is gaunt, ghost-grey Dr. Hereward Carrington, director of the American Psychical Institute, an oldtime spook-hunter who likes to spend his vacations in haunted houses. Last week Who Knows? spun a yarn about a composer who came back after death with the finale to a concerto left unfinished at his death. This week a Scotland Yard detective solves a murder mystery by premonition. The trade's handy handle for Who Knows?: Ghost Busters...

Author: /time Magazine | Title: Radio: Spring Shows | 3/25/1940 | See Source »

...extracting the two acids from the wood was crude. But Eastman's chemists found a better way, and in 1930 Tennessee Eastman's first cellulose acetate unit began turning out the raw material for "safety film." That done, the chemists turned their test tubes on acetate yarn, a year later had a factory producing the synthetic yarn for rayon dresses, other fabrics...

Author: /time Magazine | Title: PLASTICS: Test-Tube Love Seat | 2/26/1940 | See Source »

...with Eastman, he has built his plant to 82 buildings, 372 acres, 5,000 workers (second to the Kodak Park Works, Rochester, N. Y.'s biggest plant). Last year his big plant produced some 50,000,000 Ibs. of cellulose acetate, of which one-half went into rayon yarn, one-eighth into Tenite I & II, the rest into film, wrapping sheets, lacquers. Gross: some $25,000,000. For Tennessee Eastman pioneering has paid...

Author: /time Magazine | Title: PLASTICS: Test-Tube Love Seat | 2/26/1940 | See Source »

...stop lending for speculation and scared silk dealers by hinting that they might soon have to report all their transactions. Down tumbled the price of raw silk, sold last week in New York City at $3.17½ per pound. Best guess is that when raw silk costs $3, silk yarn and nylon yarn cost about the same. Thus, to compete with long-wearing nylon, silk will probably have to go lower than $3. Nothing would encourage nascent nylon more than for the Japanese to hold their silk close, keep on selling it dearly...

Author: /time Magazine | Title: Business: Dear Silk | 2/19/1940 | See Source »

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