Word: boom
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Dates: during 1940-1949
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...Senator Taft replied to a letter from Bert Long, Hamilton County G.O.P. chairman. Was it too early. Bert Long had asked, to start another boom like the one in 1940 that came close to giving Taft the nomination in Philadelphia? Said Taft: "My definite reply is that I am not a candidate." His reasons: he liked the Senate and wanted to run for it again; "John Bricker loyally supported my candidacy in 1940-I intend to do the same...
...Oran and Algiers included the Netherlands destroyer Isaac Sweers, the small British aircraft carrier Avenger (a Lend-Lease converted U.S. merchant ship), three British destroyers, five other small vessels and two ex-U.S. Coast Guard cutters, the Walney and Hartland, which, licked by flames, crashed through a boom at Oran into the inner harbor and landed troops before they sank...
...revenues for the first eight months in 1942. In 1943 these will be off at least 35%. 3) Unless the whole burden of postwar spending is to be thrown on the federal government (thus aiding and abetting the drift towards centralization) the states must play their parts. The current boom is the time for them to prepare...
Since the railroads (because of their large current business and excess-profits tax credits) are huge beneficiaries of the war-production boom, their shares were the outstanding target for bears. Bulls placing bets on a prompt peace caused an almost perpendicular rise in the long-neglected bonds of conquered Europe...
...there was one important omission in the State Department's agreement to prepare Mexico's rails for that strategic job: its terms were almost exclusively financial. Mexico needs equipment, not money, at this stage in her war boom. The really good news for Mexican railroads last week was that the hard-pressed railroads of the U.S. had wangled something like adequate promises of new equipment from WPB. Once U.S. roads get enough to keep going, the railroads of Mexico can begin to hope for more than empty promises...