Word: breaking
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Dates: during 1940-1949
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Republicans were quite happy. The break showed that prices could readjust themselves, and without the controls which G.O.P. leaders have consistently opposed. Even Bernard Baruch, who recently recommended far-reaching controls (TIME, Jan. 26), begged off from testifying before the Senate Banking and Currency Committee until he had time for another look around. He wired Committee Chairman Charles Tobey: "There is evidence, superficial perhaps, but existing, that commodities show a tendency to soften. Were that to come about, the need for control would be less pressing...
...being sowed earlier than at any time since the Revolution, was now able to send the satellites of Eastern Europe something better than propaganda. Everywhere the winter wheat was ripening. Europe's prospects, plus the likelihood of bumper crops in Argentina and Australia, were already discernible in the break in the U.S. grain market (see BUSINESS). Europe's industry was benefiting in healthier, happier workers. With less coal going into family stoves, there was more for factory furnaces. In the Ruhr, absenteeism was down to three-fifths of last year's mark...
...nightly until it pays off, the Met plays each opera only four or five times a season. Even if Peter Grimes is a hit (as none of the ten most recent new operas has been at the Met), it would need a run of five years to break even...
Next morning the panicky selling spread to other grains, drove both wheat and corn futures down their full permissible limits (10? a bushel for wheat, 8? for corn) for the day. In New York City the stockmarket, alarmed by the tumble in grains, had its worst break since last April...
...stalling technique (after getting a slim lead) is known as "the deep freeze." The play is turned over endlessly about 15 feet outside the foul circle. The trick : make them come out and get you. When they do, they will leave a lane open for you to break through. Iba insists that the old way, which is his way, is scientific basketball: "Anyhow, it's not indoor shinny...