Word: carats
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Dates: during 1940-1949
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...deluded followers since 1930. "Lafayette's" blonde, estranged wife Marjorie told of the Ballards' $1,000-a-month hotel suite, of her mother-in-law buying "clothes enough to stock a store" and two $50 corsages of orchids daily, appearing at I AM meetings with a 12-carat diamond ring, an 18-carat diamond breast pin, many another "love gift" from believers. Retorted "Joan of Arc": "We have never asked a human being for a dime to carry on this activity, through the mails or otherwise. . . . We have offered only good and love for America beyond all words...
More than half of this comes to the U. S. A single New England machine-tool maker uses 100 carats a year (current price: $10-$50 per carat); the annual diamond bill of Detroit is in the millions. Hence many a U. S. industrialist had another reason for worrying about the news from Europe last week. The disruption of the Dutch and Belgian industry seemed sure to boost prices on industrial diamonds-some thought by as much as 250%. But worse than that: the conquest of England could tie the entire world diamond industry into a Nazi-controlled sheepshank...
Cagney: As the capstone to Warners' build-up of Ann Sheridan, the fade-out required Cagney to observe: "You and your 14-carat oomph!" When Cinemactor Cagney protested the line, Producer Mark Hellinger bet him $100 that audiences would give the gag the loudest laugh of the film. A few days after the preview, Producer Hellinger found Cagney's check for $100 in the mail...