Word: backed
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Dates: during 1940-1949
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...thus kept increasing its investment capital. It computes the share price each day at the actual market value of the stocks then owned by the company (plus a salesman's commission, or "load," of 7½%). Whenever anyone wants to sell his shares, M.I.T. buys them back at a price calculated in the same manner, without commission...
...fact, been trying to get Du Pont to expand. The Atomic Energy Commission has been vainly begging Du Pont, which ran the Hanford atomic plant during the war and then got out lest it be tagged as a merchant of death again, to put its vast resources back to work on atomic energy. But as long as Tom Clark thought Du Pont was too big, there was small hope that Du Pont would accede to AEC's plea to grow bigger...
...weekly charge: $65) and promised to deduct rental payments if the renter bought the car ($1,795). Like other British automakers, Rootes also offered tourists the chance to pay for a car in the U.S., pick it up and drive it in England this summer, and have it shipped back free of charge...
...color photographer; of an unidentified disease contracted in The Himalaya; in Sussex, England. Graduating from. Swiss Alpine feats to bigger things (Kinchinjunga, 28,146 ft, 1930; Kamet, 25,447 ft., 1931), Smythe tackled Everest (29,141 ft.) in 1933, reached the 28,000-ft. level, had to turn back after trying alone for the summit. During the war he trained U.S. and British troops in mountain warfare...
...Ballew's chase of King Devil has little of the intensity of Ahab's passionate quest after the white whale. In the end, the hunting down of the great fox is only an interruption in the more interesting story of a family's fight to win back its place in the world...