Definitions for magnetic fluids
The Standard Electrical Dictionary
A two-fluid theory of magnetism has been evolved, analogous to the two-fluid theory of electricity. It assumes north fluid or "red magnetism" and a south fluid or "blue magnetism." Each magnetism is supposed to predominate at its own pole and to attract its opposite. Before magnetization the fluids are supposed to neutralize each other about each molecule; magnetization is assumed to separate them, accumulating quantities of them at the poles.
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