Word: absorbed
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Dates: during 1940-1949
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...Guard's 230,000 men, 15,000 officers. He undoubtedly had in mind the Latin-American police duty for which he has been told to prepare the Regular Army. But his immediate reason was less ominous. He wanted to give the guardsmen intensive training, then use them to absorb and train the conscripts, rather than dilute the Regular Army with raw men. Last week the President set out to get George Marshall part of what he wanted. Announced at the White House was a plan to call out four National Guard divisions, totaling about 50,000 men in twelve...
...exports up 59% over last year), for the Grace Line and the American Republics Line had that continent sewed up. But in the U. S. ocean shipping business, the Government taketh away, but also giveth. Fortnight ago Franklin Roosevelt signed the Bailey-Bland bill, authorizing the Maritime Commission to absorb all or part of the deficits of vessels that have been forced by the Neutrality Act to abandon old routes, ply new ones...
...used in making arms. What is needed first, they say, is a plant-construction boom in new munitions capacity, to be added to (not to replace) present commercially oriented capacity in durable goods. Such economists fear that to finance gun production by cutting butter consumption will merely redistribute, not absorb, the present horde of unemployed (around 10,000,000 in March). The Treasury would then be in the silly position of having to pay billions of dollars in relief, instead of riding (and collecting fat taxes on) a full employment boom...
Willing as the country was to get itself under arms, there were definite limitations last week to widespread training. Universal service, fully applied, would involve at least 7,000,000 men. With the present physical facilities and officers' corps, the Army can absorb about 50,000 new men a month...
...upset price of some $11,000,000, the Mobile Federal Court ordered the properties of bankrupt Mobile & Ohio (St. Louis to Mobile) sold at foreclosure to G. M. & N., which already had ICC approval to absorb the larger road into a single, 2,007-mile system. First large railroad consolidation since 1934, it puts "Ike" Tigrett at the head of a new railroad named Gulf, Mobile & Ohio, which will start with a $31,870,000 funded debt and annual interest charges of $1,399,920 (about half the two roads' present fixed charges). An additional...