Word: backed
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Dates: during 1940-1949
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Fall & Rise. By 1930 the Bank of Italy caught up with its prestige and size: it became the Bank of America National Trust & Savings Ass'n. A.P. retired again. But soon he disagreed with the way his interests were being run, and rode back into power on a wave of proxies...
...many a year, the electric-power industry has proved a prime target for the Administration and the proponents of public power. Last week, as 3,000 delegates of the Edison Electric Institute gathered at their annual convention in Atlantic City, the target shot back, with a hot, well-placed barrage. One of the heaviest salvos was fired by General Electric's Charles E. Wilson, boss of the biggest U.S. electrical equipment company, and thus sensitive to attacks on "bigness." The industry, said he, was being attacked in many cases simply because...
...lulled into thinking that long-term demands would lessen just because business had started to slip off. Said he: The current slide in business might last until the second quarter of next year. By the end of 1951, there should be an upturn that may bring production right back up to where...
Smaller Margin. Publisher James H. McGraw Jr. (McGraw-Hill Publishing Co.) also drew a bead on the Administration. He accused Harry Truman of causing the current power shortage in the Northwest by short-circuiting power projects. The result is that the area "may be set back for a long time to come...
Readers will find here, gleaming oddly in its transplanted setting, the pattern of the classical Greek drama which was Author Compton-Burnett's favorite reading as a child. Like Sophocles' Oedipus, struggling to gauge the future and discovering that it twists horribly back into his own past, the characters in Two Worlds march blindly to their fate, doomed from the start but always demanding, with the eloquence and dignity of Aeschylean heroes, their right to respect as well as humiliation. They always get plenty of both from Ivy Compton-Burnett...