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...National Lumber Manufacturers Association reported that new business was 23% below lumber production (another weighty item in the production index...

Author: /time Magazine | Title: Business: For Pessimists | 12/4/1939 | See Source »

...tropical hurricane out of its orbit swarmed through New England like a banshee on a binge. From Long Island Sound to the tip of Maine it cut a swath 300 miles long, 100 miles wide. With its blast it felled 2,250,000,000 board feet of lumber. To get this average five-year cut into ponds, into neat stacks before bark beetles and fire took their toll, the Department of Agriculture's Northeast Timber Salvage Administration went to work. By last September it had bought 600,000,000 feet of hurricane timber from some 30,000 owners...

Author: /time Magazine | Title: LUMBERING: Woodpile | 11/27/1939 | See Source »

Sparkplug of the deal is a softspoken, balding Detroit lumber wholesaler named Herman I Hymans, who has never before nosed into politics. Originally he wanted to buy only 100,000,000 feet of the hurricane timber, was afraid that if he did the market price would go to pot when the Government began selling. Northeastern Association was the solution. To keep it out of the monopoly class, the Government insisted that it be a cooperative with at least 30 members. Last week, with a Delaware incorporation and Manhattan offices, it began soliciting more members...

Author: /time Magazine | Title: LUMBERING: Woodpile | 11/27/1939 | See Source »

...Supreme Court. The Court was unanimous and its spokesman was Mr. Justice William Orville Douglas, who first made his jurisprudential name as a Yale Law School professor by analyzing bankruptcies for the SEC. Actually the case did not concern a railroad at all. It concerned obscure Los Angeles Lumber Products Company, Ltd. and was chosen as a kind of Schechter case for a New Deal test of Section 776 of the Federal Bankruptcy...

Author: /time Magazine | Title: GOVERNMENT: Specialists | 11/20/1939 | See Source »

Lightwood, a first novel, is the account of 16 years (1874-1890) of war between a northern lumber corporation and squatters who, since the early 19th Century, have inhabited the pine barrens of southern Georgia. It carries the Corn family (squatters) through the whole of it-lawsuits, fraudulent surveying, sabotage, murder, abortive revolution-and, on the side, develops some creditable focuses in the enemy camp and in the mind of an ambitious and unscrupulous small town lawyer. By the time it is over Micajah Corn has lost nearly everything a human being can lose and stay alive; the company, inevitably...

Author: /time Magazine | Title: Books: Cold Corn Bread | 10/30/1939 | See Source »

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