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...radical departure in tank armament, gave M3 tremendous fire power. Said Colonel Williams: "We weren't trying for top firing speed with the big gun. . . . We might get up as high as 30 a minute." Any such rate of fire would take some doing. Two men load and fire the 75. The loader has to kneel in a tiny steel coop. Between the breech and a bulkhead, he has about three feet in which to work. When the gun recoils, he has something less than two feet. At 30 rounds a minute, the loader must, every two seconds, extract...

Author: /time Magazine | Title: ARMY: M3 | 4/14/1941 | See Source »

...staggering tax load Britons have been carrying, this week a few more pounds were added, not to make Britain's budget balance (which is impossible) but to forestall threatening inflation. Into the House of Commons strode Chancellor of the Exchequer Sir Kingsley Wood with a new war budget, calling for a record outlay of ?4,207,000,000 ($16,828,000,000) in the next twelve months. The basic income-tax rate was upped from...

Author: /time Magazine | Title: GREAT BRITAIN: War Hurts | 4/14/1941 | See Source »

...costs. Once it had 2,000 men out on bond. At the same time it started hacking away at the 7,000-lb. regulation. Court tests failed to upset the law, but a quiet campaign to have the legislature change it fared much better. A new law upping the load limit to as much as 24,000 lb. (depending on type of truck) was passed last month; this week the league, its job done, votes on a proposal to disband...

Author: /time Magazine | Title: TRANSPORTATION: Freedom of the Highway | 4/14/1941 | See Source »

...populations, for by doing so, he feels that the United States would merely strengthen a group which is capable of working for the Germans. "The thing to remember," he said, "is that the best weapon England has is an economic war, and that anything which would take the slightest load off the Nazis' shoulders will be a blow to Britain and the United States...

Author: NO WRITER ATTRIBUTED | Title: Speakers at Food Relief Forum Favor Government Action Soon | 4/10/1941 | See Source »

With Coulee's enormous load added, the industrialization of the Northwest proceeds apace. But the influx of new customers does not cheer the eleven private utilities. They know Raver's 100% public-power dream proceeds apace...

Author: /time Magazine | Title: POWER: Dr. Raver Marches On | 3/31/1941 | See Source »

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