Word: abruptly
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Dates: during 1940-1949
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...President Roosevelt chose to fire his new economic weapon. The U.S. last season got only 18% of its silk from China and other minor sources, all the rest (273,711 bales) from Japan. Loss of this supply would mean i) an epidemic of bare or lisle-clad shanks, 2) abrupt dislocation of the U.S. hosiery industry (97,000 workers), 3) lesser repercussions on many another U.S. clothing manufacturer...
Whether or not these reports were true, certain it is that no official explanation has ever been given his abrupt withdrawal from Italy's Army maneuvers in August 1939. During the weeks of crisis that followed, Mussolini espoused a strange new policy: silence. He has broken silence publicly only nine times since then, and those speeches were short, bitter. Last month he failed to make his habitual appearance on the Palazzo Venezia on the anniversary of the birth of Fascism...
Railroad bonds rose even farther than stocks. Such second-rate liens as Missouri-Kansas-Texas (Katy) 4s and 4 1/2s, Southern Pacific 45, were bought in large blocks. Thanks to Wall Street's year-old mistrust of the defense boom, the abrupt conclusion of which might send many railroads into bankruptcy, these bonds could be bought at prices to yield as much as 20%. Wall Street still distrusts the boom. But it could not overlook the rising curve of railroad traffic...
Since railroad overhead costs are both large and inflexible, an abrupt rise in car-loadings means an even sharper rise in railroad profits. Once the break-even point is passed, "leverage" carries much of the increase in gross directly to net. Thus February carloadings of all Class 1 roads were 23% over 1940, but net operating income (profit before interest and taxes) rose 75%. Two other bullish points are labor and taxes. Shielded by intricate Federal machinery, the railroads have not had a big strike since 1922. By taking the 8%-on-capital option of the excess-profits tax, most...
...over the food counters lest the dining room smell like the kitchen. Members might well be unwilling to ask their guests to come to the House for a meal and sling their own hash. Last but not least is the argument that a self service system would mean the abrupt dismissal of almost all the maids...