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...President received Admiral William D. Leahy, Chief of Naval Operations, and approved plans to push ahead at once the building of the following new craft: four battleships, four light cruisers, one aircraft carrier, eight destroyers, six submarines. The President exercised discretion vested in him by Congress by deciding not, at this time, to raise the tonnage on two of the battleships from 35,000 tons...

Author: /time Magazine | Title: THE PRESIDENCY: Squared Away | 7/4/1938 | See Source »

...battlefield for days in unattended agony, Dunant returned to Geneva to write his horror-filled Un souvenir de Solférino, to start a movement for an international, nonpolitical medical organization with headquarters in traditionally neutral Switzerland, with autonomous supporting units in every civilized nation. With his driving push, with the notable help of Napoleon III, Dunant and his associates were able to induce 26 governments to sign agreements guaranteeing respect for the wounded, neutralizing military hospitals, protecting the material and personnel of medical services. Also agreed upon was the use of a white flag bearing a red cross...

Author: /time Magazine | Title: INTERNATIONAL: New Target | 7/4/1938 | See Source »

Superintendent Alexander Hamilton Bell will never forget the day the first oil spurted into the slush pits from the sand which had been tapped 13,000-odd ft. down. It was necessary to bail mud out of the pipe so that the gas pressure below could push up the oil. "We had swabbed 2,000 ft. of mud," said Superintendent Bell, "when suddenly the fluid rose 1,500 ft. in the hole. So we knew we had something. We swabbed a little more. Then it came naturally. For half an hour mud poured into the sumps, then turned...

Author: /time Magazine | Title: Science: Deepest Hole | 7/4/1938 | See Source »

...does and swears it never will. In some States price-maintenance laws insure this policy; in others Philip Morris relies on its good dealer relations to maintain the 15? price. This price stability assures dealers their approximate 2? per pack profit margin with Philip Morris and they tend to push it harder, give it better displays, etc. Conversely, with its prices rigid at a high level, Philip Morris has more money per cigaret to spend on tobacco and manufacture. Even so, it probably could not have gone over but for two circumstances at its birth. After years of pushing Melachrinos...

Author: /time Magazine | Title: Business: A New Fourth | 7/4/1938 | See Source »

Year later the Allied peacemakers, in the Treaty of St. Germain, set the boundaries for the new nation. To give Czecho-Slovakia a natural barrier which would serve to halt a German push to the east, the Allies, pressed by France and England, forwent strict interpretation of the principle of self-determination and recognized the Czech claim to the Sudeten region, largely populated by Germans. Also included within the frontiers was a small Polish minority in Silesia, a larger Hungarian minority in south Slovakia and the inhabitants of Carpathian Ruthenia, formerly under Hungarian rule, who requested union with...

Author: /time Magazine | Title: CZECHOSLOVAKIA: Optimist | 6/27/1938 | See Source »

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