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Sunlight Soap, made from vegetable oils and superior to the tallow soaps then (1885) generally in use, was almost immediately successful, became inside of three years the largest selling soap in the United Kingdom. In 1887 Soapman Lever reclaimed a large area of swampy land along the Mersey River and built Port Sunlight, perhaps the earliest instance of the paternal industrialism it represents...

Author: /time Magazine | Title: Business: Lever Bros. | 9/16/1929 | See Source »

...whole Five Year Program through, Dictator Stalin announced last week that he would add another billion dollars to Russia's budget for 1930. thus raising the Soviet Government's total expenditure to five billion dollars per annum (13% more than is spent by the U. S. Government). Further, the area of land under cultivation is to be increased by 8%, and most startling of all, Russian industrial production is to be raised...

Author: /time Magazine | Title: RUSSIA: First of Five | 9/9/1929 | See Source »

Religious warfare starting in Jerusalem when Arabs attacked the sacred Jewish shrine of the Wailing Wall (TIME, Aug. 26) grew more intense last week. Hallowed to both religions is the small area marked by the ruins of King Solomon's temple. In it Mohammedans can view with pious awe a golden urn containing two hairs from the beard of the true Prophet. Nearby is the coffin of Mohammed, adorned with 17 golden nails of which the written word says when they fall out all things will come to an end. Of the many relics sanctified to Jews, holiest...

Author: /time Magazine | Title: Religion: Jewry v. Islam | 9/2/1929 | See Source »

Title to the actual possession of this area belongs to the Moslems, but the right has been given to the Jews to use the wall for mourning. Continual charges that the Arabs infringe upon this liberty are made by the Jews, while the Arabs regularly accuse the Jews of exceeding the privilege accorded to them. Each sect claims the British Government is unfair...

Author: /time Magazine | Title: Religion: Jewry v. Islam | 9/2/1929 | See Source »

...dishonesty in a few high places can ruin a whole branch banking system. If you are a large city banker wishing to expand, you will very likely see that a branch bank can be of more assistance in time of trouble because its risks are spread over wide area; that in branch banking credit is very liquid so that it can find in any one locality as much as may be required, bringing the funds if necessary from afar; that management is much more likely to be competent and honest in a few strong hands than in many weak ones...

Author: /time Magazine | Title: Business: Northwest Wind | 9/2/1929 | See Source »

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