Word: billion
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Dates: during 1940-1949
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...electrically charged particle from outer space) approaches the earth, it is deflected by the earth's magnetic field. If it is speeding fast enough, it slams through this interference and plunges into the atmosphere. The most powerful particles, whose speed gives them an energy of 14 billion electron-volts, can reach the earth at the equator, where the magnetism is strongest. At the latitude of Philadelphia, two billion volts is enough...
...high-ceilinged Senate caucus room, a Senate-House subcommittee headed by Illinois' Democrat Paul Douglas last week tackled three enormous questions: What is the fiscal policy of the U.S.? How can the U.S. manage its money better? And why will there be an estimated $5.5 billion deficit this year during the biggest boom in history? As a start toward getting the answers, the subcommittee got the views, in comprehensive questionnaires, of upwards of 450 U.S. economists, bankers and federal officials...
...months of successive decline, U.S. retail inventories had jumped a tidy $500 million in September. There was still a tremendous amount of pent-up buying power. Disposable income had risen 4.8% in 1949's first half over the same period last year, to an annual rate of $194.6 billion, and personal savings had almost doubled...
...January, when $2.8 billion of insurance refunds is paid out to veterans, there would be a lot more money around. Pondering this, along with the Federal Government's whopping deficit and higher industrial costs created by 1949's pension settlements, Brookings Institution's President Harold G. Moulton last week warned: "You might as well forget about much cheaper manufacturers' products." Although he predicted a drop in business next spring, the U.S. was currently in "a period of creeping inflation...
...today's: 10,000). Their Winchester plant in New Haven developed the famed U.S. Mi carbine in 13 days, turned out nearly 500,000 Mis, along with more than 500,000 Garands. The Olins ran the St. Louis Ordnance plant, turned out a total of over six billion loaded rounds of ammunition. At war's end Franklin Olin stepped down as president (at 89, he is still a director), and John, long the big wheel in fact, took over...