Word: barrelhead
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Dates: during 1940-1949
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This week the Army had the last laugh. From five bids for the Stevens it chose to take $5,251,000 cash on the barrelhead from Arnold Kirkaby, who already owns Chicago's Drake and Blackstone Hotels...
...because he is a man of solid sense, who was raised to respect plain arithmetic. He knows that a public debt of $137,000,000,000 cannot be merely whooshed away by wishful thinking; that some time someone must put cash down on the barrelhead. In brief, war or no war, he does not live in a dreamworld of frenzied finance...