We present experiments showing the Rayleigh-Taylor instability at the inter
face between a dense magnetic liquid and an immiscible less dense liquid. T
he liquids are confined in a Hele-Shaw cell and a magnetic field is applied
perpendicular to the cell. We measure the wavelength and the growth rate a
t the onset of the instability as a function of the external magnetic field
. The wavelength decreases as the field increases. The amplitude of the int
erface deformation grows exponentially with time in the early stage, and th
e growth rate is an increasing function of the field. These results are com
pared to theoretical predictions given in the framework of linear stability
analysis.