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Dearer Ovaltine. The British move touched off convulsive reflex actions around the fiscal world. (To cushion the shock, British banks and exchanges were closed for one day; other countries declared similar holidays.) All the dominions devalued their currencies in proportion; Canada, a dollar country, devalued its dollar 10%. In the colonies the readjustment was automatic. Ireland, Egypt and Israel brought their pounds into parity with Britain's. Norway, Denmark, Finland, Iceland, The Netherlands and Sweden made devaluation moves...

Author: /time Magazine | Title: ECONOMICS: Devaluation | 9/26/1949 | See Source »

Doctors are always on the alert, Somogyi points out, for "insulin shock"-severe symptoms of trembling, sweating, convulsions and even coma-which follow when overdoses of insulin reduce the sugar content of the blood drastically. But, he argues, there may actually be a serious blood-sugar deficiency before these dramatic symptoms occur. Then the body's glandular forces go to work, building up the blood sugar. In such circumstances they overdo the job: soon, there is again too much sugar in the blood, and many physicians are likely to order more insulin -thus completing the vicious circle...

Author: /time Magazine | Title: Medicine: Too Much Insulin? | 9/26/1949 | See Source »

...bishop was something of a shock. In 1939, the Roman Catholics of Kansas City, Mo. hardly knew what to make of the intense, quiet-mannered man with reddish-brown hair and big ideas who came to preside over their...

Author: /time Magazine | Title: Religion: The Busy Bishop | 9/26/1949 | See Source »

Playing a paunchy, mother-dependent killer, Cagney empties his pistol into his victim with the calm, preoccupied expression of a pedestrian waiting for a street light to change. There is none of the shock technique of The Public Enemy -no audience-deafening gun blasts, no close-ups of the killer's eyes or of the sickening sprawl of the corpse. The new brutality is streamlined. .White Heat is sprinkled with an improved type of wrist action in blackjacking, so effective that the camera does not even bother to examine the victim. The traditional movie chase, with its essentially simple...

Author: /time Magazine | Title: The New Pictures, Sep. 19, 1949 | 9/19/1949 | See Source »

Czechoslovakia's Communist regime last week moved decisively against a new enemy of the people: the pin-up girl. The Czech army, reported the Prague radio, had ordered that all her kind be pulled down from barracks walls and in her place soldiers would see "slogans, pictures of shock workers and examples of our fighting tradition...

Author: /time Magazine | Title: CZECHOSLOVAKIA: Clearing the Wall | 9/5/1949 | See Source »

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