Word: backed
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Dates: during 1940-1949
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...Gill was born into the poverty-pinched family of a nonconformist deacon. As a child he liked to draw locomotives, and later cathedrals, striving always for accuracy. Lettering appealed to him because "you don't draw an 'A' and then stand back and say: there, that gives you a good idea of an 'A' as seen through an autumn mist . . . Letters are things, not pictures of things." Moreover, letters, particularly when carved on tombstones, served a clear purpose, and they paid...
Only about 4% of Gilcrease's huge art collection was on display. The rest, saved for future shows, included the art of 45 Indian tribes, dating back to 300 A.D., along with 62,000 books, letters and manuscripts. Among the letters was one from Christopher Columbus' son, Diego, to Charles I of Spain. Another, written by General George Custer, ends: "You will next hear from me . . . not from the plains of Philippi . . . but from those of Dakota, the home of S.B." The initials stood for Custer's Sioux conqueror, Sitting Bull...
...same way, many a company which had been trying to discover the bottom on its "back-to-normal" slide seemed to have found it-and to be starting the upward climb again. In industrial alcohol, a basic raw material for many manufacturers, the surplus had caused prices to toboggan from 87? a gallon to 21?, but by last week the turn seemed to have come. Pub-licker Industries, Inc., a big U.S. maker of industrial alcohol, thought demand had picked up enough so it could raise prices 8½? to 11? a gallon. Even in textiles, softest of the soft...
...along its way back to a normal route had the U.S. traveled? Harvard Marketing Professor Malcolm P. McNair squinted at the scenery and announced that one-third to one-half the trip had been completed. He guessed the index of industrial production, now around 175, would drop to about 155 before starting up again. The rest of the ride should not be "too severe," said McNair, certainly "less severe" than...
...months. Said Ford's Bargainer John S. Bugas: "It would be utter folly to take any action which would increase the price of our products." The A.F.L. agreed. In its official Monthly Survey it warned that wage demands could force employers into bankruptcy. Said A.F.L.: "Competition is back; prices can no longer be raised indiscriminately to cover higher costs. Business executives show new interest in cutting expenses. Production per man-hour is now rising sharply. These are all healthy developments which can bring business to its normal postwar balance...