Word: braked
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...well aware of U.A.W.'s key position is John L. Lewis. While C.I.O. President Philip Murray lay convalescing from overwork and nervous exhaustion, John Lewis moved in on U.A.W. with the stealth of an elephant crashing through a cane brake...
...people couldn't read. His concern, Park-In Theatres, Inc., headed by Cousin Warren Willis Smith, is collecting 5% of all the Drive-In Theaters' weekly gross. Vice president in charge of manufacturing of R. M. Hollingshead Corp., world's largest makers of automotive polishes, enamels, brake fluids, etc., Hollingshead worked out the Drive-in Theater idea by asking himself in the early days of the late depression what luxuries people would give up last. Automobiles and movies were his answer. Put together they spelled Drive...
Such terms undoubtedly would brake credit sales, have a healthy deflationary effect. But the resolution was only a suggestion: no credit man last week knew how it would be enforced. Because dealers feared losing customers, it took General Electric six months, many a hot sales talk, to cut refrigerator payment periods from 36 to 30 months. If the big installment lenders (like Commercial Credit, Commercial Investment Trust, General Motors Acceptance Corp.) get too strict, thousands of banks and small credit men stand ready to steal their business with more liberal terms...
...autos up 10% over this year? The gap-1,594,817 people who will want to buy nonexistent new cars-would normally be closed by higher prices. But the Administration is determined that in this war prices shall stay down. Its scheme: a stiff excise tax and a heavy brake on installment sales...
Rollerman Solt, who has ten children of his own, from six months to 15 years, said later: "I stood on the brake. ... I could have jumped off if it hadn't been for all those cars and children. . . . The roller was headed for a busload of school kids coming up the hill. I thought of my ten. I wondered how they would look after that roller passed over them-and I knew then I wasn't going to jump. I couldn't see how I was going to get through that mess of cars and children...