Word: boosts
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Dates: during 1940-1949
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...there was small hope of any quick boost in production, the obvious thing to do was curb the amount of spending money. Ttie way to do this, said Federal Reserve Board Chairman Marriner F. Eccles, was to use a few old methods (keep taxes high, restrict housing and installment credit) and one new one. He wanted Congress to give FRB the power to boost maximum reserve requirements of commercial banks (the amount of deposits not available for loans) from the present 26% to 51%. This was the "mildest way," Eccles insisted, of curbing credit...
Eccles flatly said that he "would not recommend" using this power. FRB was still frightened by the slumps of 1920 and 1929. A big boost in rediscount rates had preceded them, and many still blamed the credit curb for the slumps...
...Experiment. International Harvester Co., which did its bit to stem inflation by cutting prices last March, had to raise them again. The rise in the cost of materials had put the manufacture of more than half of Harvester's industrial power products in the red. The 5% price boost would put most Harvester prices about 2% above the precut level...
...opinion of one local officer that the Chief has been very lenient about this ruling so far, but that the arrival of winter weather will probably provide the needed boost to get a drive under...
...made him jump. The floors were laid out poorly, the sales fixtures outmoded. "My God," groaned Ed Carter, "the fellows who laid out the Pasadena store are laying out the new Broadway-Crenshaw." The Crenshaw, seven miles southwest of downtown Los Angeles, was the new branch that was to boost Broadway into first place among Los Angeles department stores...