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...pioneerland, a vast (2,316,600 sq. mi.), cold, potentially rich region, bigger than the West that lay before the pioneering U. S. 100 years ago. Since 1932 the U. S. S. R. has systematically explored its northland, not only for its resources (nickel, copper, lumber, coal, reindeer, fish, fur), but in an ambitious effort eventually to open for year-round navigation the narrow passage of ice-choked water, now navigable only in summer, which fringes the tundras just south of the Arctic Pack. If that Northeast Passage were open. Russia would have an all-Russian sea route from...

Author: /time Magazine | Title: SOVIET UNION: Saga of the Sedov | 2/12/1940 | See Source »

Meanwhile, auction houses sprang up at every corner. Farmers refused to sell their produce for such dubious exchange, traded milk, eggs, potatoes for pianos and fur coats. Dentists hoarded gold; china, rugs, pictures, electrical equipment, furniture were at a premium as Germans tried to put all their available cash in goods of intrinsic value. A nation's economic life disintegrated because its money went...

Author: /time Magazine | Title: Foreign News: Investors | 1/22/1940 | See Source »

...proportion to their past needs. Economics Minister Dr. Walther Funk publicly complained that people were investing their money in bathtubs. Last week an official anti-hoarding campaign began as stories were circulated of a woman who bought six electric carpet sweepers, of others who collected copper coins, fur coats, oriental rugs...

Author: /time Magazine | Title: Foreign News: Investors | 1/22/1940 | See Source »

...last two years Lanchow has meant even more to the "Free China" of Generalissimo Chiang Kaishek. It is the eastern terminus for the much-needed war supplies that come from the Soviet Union. Instead of the wool, fur, brick tea, vegetable oil and camel hair that used to be the lifeblood of Lanchow's trade, now airplane engines, bombs, ammunition, gasoline, military trucks are the chief commodities. The city is also the concentration point for China's slowly building Air Force. So important a military secret has Lanchow become in the scheme of war that in two years...

Author: /time Magazine | Title: WAR IN CHINA: Gateway Gunned | 1/8/1940 | See Source »

Simple as a Hungarian peasant, beauteous, fun-loving, slenderized Ilona Massey is unspoiled, despite pounds of jewelry and dozens of furs lavished on her by ardent admirers. She likes to wear them to Hollywood hot spots, but she also scrubs her own garage floor on all fours. Blue-eyed and flaxen-haired, she tempers Madeleine Carroll's cool gorgeousness with some of Mary Martin's warmth and a richer voice. The talent scout who uncovered her in Vienna wired: "This is the kind of dame who would look naked wearing a fur coat...

Author: /time Magazine | Title: Cinema: The New Pictures: Jan. 1, 1940 | 1/1/1940 | See Source »

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