Word: yarns
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When Clendenin J. Ryan, millionaire, amateur political reformer and onetime assistant to New York's Mayor La Guardia, decided last summer to write a book on politics, he got together with Author & Lecturer William Bradford Huie. Turned by a self-described "yarn spinner," Huie's sensational stories, such as his highly exaggerated account of the missing uranium at Chicago's Argonne Laboratory (TIME, May 30, 1949), made lively, if occasionally misleading, reading. But they dropped the book for something much bigger. Huie and Ryan decided to buy the faltering American Mercury. Since the Mercury's circulation...
...Professor La Paz spoiled the whole yarn by announcing that he had found, close to the lip of the crater, a pit house of prehistoric, 1000 A.D. Indians who obviously did not fear the place too much to live there. He suspects that the legend was invented recently by white men. Geological evidence indicates that the meteor probably fell more than 50,000 years ago, when it is unlikely that humans were around to be frightened...
...first order of William H. Harrison, boss of the National Production Authority, put a ceiling on business inventories to prevent hoarding of scarce materials. The broad order, issued this week, covered 32 materials, all the way from iron, steel, copper, gypsum board and industrial alcohol to burlap and nylon yarn. (Retail buyers were not affected.) Businessmen were warned not to accumulate materials "beyond what is needed for immediate production...
Camouflage for Fear. The Winton yarn is only one of the curious gleanings that California Auto Bug M. M. (Wheels in His Head) Musselman has picked up in his lively retrace of U.S. automobile history, from linen-duster days to the present. He records all the major milestones, from the first plans drawn by George Selden of Rochester (1877), the first model of the Duryea brothers (1893), the water-cooled engine (1895), the steering wheel (1900), the windshield (1905), the left-hand drive (1909), the enclosed body (1911), the electric self-starter (1912), right down to such latter-day innovations...
Japan is driving just as hard to recapture her markets. Japanese cotton and rayon yarn are pouring into India; finished fabrics, cutlery and cheap bicycles into East Asia; toys and knickknacks into the U.S. In recent months, Japan has taken contracts for hydroelectric generators and dockside cranes away from the British in both India and Formosa. It is already nudging into first place in the world's exports of cotton cloth; her sales so far this year indicate a 1950 market of 1,000,000,000 yards. Occupation authori ties estimate that Japan will have to sell more than...