Word: canceled
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Dates: during 1940-1949
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News tickers clattered out headline-making leads. Example (by the Associated Press): "President Truman notified Congress today that the $42,000,000,000 . . . should, in the main, be written off the books." A consequent headline (in the New York Herald Tribune]: PRESIDENT BIDS CONGRESS CANCEL LEND-LEASE DEBTS...
...peace, there were dislocations in industry and among workers. There were strikes. At the Indiana Brass Co., in Elkhart, Ind., police used tear-gas bombs to break up a clash of pickets and workers. In Akron, where 16,700 rubber workers were out, Selective Service was ordered to cancel draft deferments. In 63 specific war-producing areas labor was still tight, but in Detroit, Buffalo and San Francisco workers were losing jobs faster than they could find new ones...
...currency issue. All old notes of 50 to 5,000 francs would be invalid after June 16. Purpose: to perk up France's drooping finances by clearing lost or destroyed bank notes off the books; to smoke out black-market and other illegal war fortunes, and hoarding; to cancel French currency still in German hands or otherwise "irregularly" held abroad...
Always a good German, Strauss has been an on-again-off-again friend of the Nazis. Last June, he publicly snapped his fingers at Hitler's threat to cancel his birthday celebration, said: "It was not I who started the war" (TIME, July 17). Even then, the Kultur-conscious Nazis, considering his prestige valuable to Germany, let him be. As the war approached his doorstep, the aged composer continued to cultivate his musical garden...
...encourage feed-lot operators to resume full operations and feed their cattle to heavier weights, the Office of Price Administration will cancel its plan to lower ceiling prices for choice cattle...