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...Johann himself did not slip, was soon turning out waltzes to beat the band. At the peak of his career he visited the U. S., conducted one gigantic concert with a chorus of 20,000 and 100 assistant conductors, was so frightened by the experience that he scurried back to Vienna for good. Seventeen years later, in 1889, a new popular musical movement had begun to sweep Johann and his waltzes into history. It came from the U. S. and it was in 4/4, not ¾, time. The Waltz Kings were succeeded by a March King: John Philip Sousa...

Author: /time Magazine | Title: Music: Waltz Kings | 12/11/1939 | See Source »

...spite of the temporary coal boom which war produced, anthracite ran into one of its characteristic price wars, and bituminous coal production, down 6% from the 10,450,000-ton peak hit week ended Oct. 26, was apparently headed back down to a 9,000,000-ton weekly rate...

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

...Last week, the Department of Labor's all-commodity index, whose war-boom peak had been 79.5, slid to 79.1. The New York Journal of Commerce's more sensitive index (autumn peak: 82.4) was down...

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

...neat anomaly was to be found last week in the statistics of 1939's war boom. In October the Federal Reserve production index reached 120, past its 1937 peak of 118. Yet October employment (up 1,250,000 from 1938, according to Madam Secretary Perkins) was down by more than 1,000,000 men from 1937's peak...

Author: /time Magazine | Title: EMPLOYMENT: Contrasts | 12/4/1939 | See Source »

...equally neat anomaly was to be found between 1939 and 1929's production and employment figures. At 120 the production index virtually duplicated 1929's peak (126), but 1939's unemployment is around 9,000,000. This is largely due to the fact that some 500,000 new workers come into the labor market each year: October's nonagricultural employment (34,649,000) was only 1,492,000 under 1929. For with a growing working population it would be perfectly possible to have employment and unemployment increase at the same time...

Author: /time Magazine | Title: EMPLOYMENT: Contrasts | 12/4/1939 | See Source »

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