Word: begun
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Dates: during 1940-1949
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High Price of Slums. Unemployment in Spanish Harlem has risen with each packed plane's arrival, and New York's state and city authorities have begun to worry about the area's rising relief costs, crime, the swift rise in tuberculosis and venereal disease...
...Queens joined the Mauretania and old Aquitania in ferrying troops between Australia, New Zealand and Suez. Up to Pearl Harbor, the Queens had carried over 80,000 Empire troops, but their career in war had just begun...
...extraordinary excess of U.S. exports over imports, said President Truman in his midyear economic report to Congress, is one of the temporary props under the U.S. economic system. Last week, the Department of Commerce released figures showing that the prop had begun to buckle. Since the war's end, exports had been steadily increasing until they reached a rate of $17 billion a year. But in June they suddenly sagged 13%, the first big postwar decrease...
Navy Ahoy. Of recent years, Duke Sam's exclusiveness has begun to fray around the cuffs. Except for the war boom, his company, which controls three golf courses (including Pebble Beach and Cypress Point), two hotels and a beach-sand processing plant, has lost money from 1932 on. When the U.S. Navy took over his famed 400-room Del Monte Hotel as a wartime training center, Duke Sam began to wonder if naval officers would not be a possible mainstay for the new depression he feared. So-why not sell the Navy his Del Monte Hotel...
...some, the cream on the boom was curdling. Eversharp Inc., which turned in a dazzling $1,074,274 last year in its second quarter, was down to $550,575. The rubber industry also had begun to feel the pinch of overproduction (TIME, June 23). Example: General Tire & Rubber Co.'s six months' earnings of $2,650,912 were down from last year...