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...situation was doubly shameful because no one could treat the food problem as a disastrous Act of God. The harvest year 1942 was the most bounteous since the Pilgrims came to Plymouth Rock. The Japs and Nazis had cut the U.S. off from only a few more or less exotic foodstuffs. (Examples: caviar, anchovies, patée de fois gras.) Thus, with reason, all over the land the U.S. housewife and her menfolk were beginning to ask: How come a bottleneck in the middle of a horn of plenty? But there was no one bottleneck. There were nine...

Author: /time Magazine | Title: FOOD: Crisis Coming | 11/2/1942 | See Source »

...held her against the Turks. She became the bulwark of Christendom against the Infidel, grew to be an even stouter bulwark when Grand Master Jean de la Valette Parisot built the fortress city which was named after him and which stands today on the north shore like an amber rock pile in the Mediterranean's sapphire...

Author: /time Magazine | Title: World Battlefronts: Bulwark of Christendom | 10/26/1942 | See Source »

...Gibraltar and Suez, gave the empire control of the Mediterranean. This was not to say that the Maltese themselves remained altogether satisfied with the latest rulers. The Maltese farmers, descendants of the Phoenicians, illiterate, pious, aloof, tilling the thin crust of soil which lies on the island's rock, did not much care. But the city Maltese, largely descendants of the retinues of the Knights, fervent Roman Catholics, clever and temperamental, felt uneasy under this new and beefy rule...

Author: /time Magazine | Title: World Battlefronts: Bulwark of Christendom | 10/26/1942 | See Source »

...show Malta that Benito Mussolini was now in the war. Maltese looked up from their stony little cotton, wheat and potato fields. Ironworkers, coppersmiths and lacemakers stuck their heads out of their shops for a glimpse of Mussolini's planes. From emplacements in Malta's limestone rock around the Grand Harbour and His Majesty's Dockyards, anti-aircraft guns boomed. A house front was damaged, a few civilians hurt, but most of the bombs fell...

Author: /time Magazine | Title: World Battlefronts: Bulwark of Christendom | 10/26/1942 | See Source »

...frail hopes of New Haven shareholders promptly withered. The price of New Haven common fell 50% overnight. Professional speculators took ICC at its word, with the result that Wall Street saw some strange phenomena: Chicago, Rock Island & Pacific 6% preferred with eight months' earnings of $20.43 a share sold for 75?; St. Louis Southwestern common with earnings of $19.69 a share hung around $4 (bid); Missouri Pacific with earnings of $19.06 a share sold...

Author: /time Magazine | Title: Business & Finance: Stockholders Annihilated | 10/26/1942 | See Source »

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