Word: beene
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Dates: during 1940-1949
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All this speculative fever had been stirred up by the hope that the U.S. would raise the price of gold, and thereby devalue the dollar. To this, Secretary of the Treasury John Snyder had said no, a thousand times no. He had flatly declared that the U.S. will not change...
The trouble was that Rexall's expansion program had been badly timed. Older, smaller stores had been closed up before the big new superstores could be opened. On top of that, many a small store was sold at a heavy loss simply to get rid of it while the...
Unhappy Treasury. But the U.S. Treasury was not quite so happy about the deal. It has been concerned about the problem of "sell & leaseback" since 1945, when Union College of Schenectady bought, for $16,150,000, the buildings of Allied Stores Inc., and leased them back to the company. Soon...
Educational Noodles. In cases where companies lease their properties and still continue to operate as taxpaying private ventures, the Government has not interfered so far. But it has already ordered the Mueller Co. to pay up its income taxes. There is nothing in making noodles, the Government contends, that is...
Wherever a tourist goes in Washington, he usually finds that a fellow named McShain has been there before him. Though he lives in Philadelphia, slim, silver-mustached John McShain, 50, has built so many of Washington's public buildings that he has trouble keeping count. Among them: Jefferson Memorial...