Word: cashing
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Dates: during 1940-1949
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...export controls from 500 items, including many foods and appliances which had become surplus. The Federal Reserve Board, for the fourth time in three months, eased credit restrictions. It reduced bank reserve requirements 1% and 2%, depending on the size of the bank-thus freeing about $1.2 billion extra cash for lending. But FRB's move was not likely to boost the volume of loans: businessmen had carefully cut their borrowing by $1.5 billion in the last 14 weeks...
Like the charmed rats of Hamelin, Americans scamper to follow the compelling advertisement, convinced that it would be disloyal and remiss not to "remember mother," assured that one remembers best with cash, once a year. The business index will rise perceptibly, the sweet smell of roses and caramels will steep the land, but on Monday mother will be back at the washtub or Garden Club, bored, neglected, and tired. --from the May 9, 1947, CRIMSON
That could be fixed. Angel Farrell paid a lump-sum $1,300,000 for the Warner Theater ("a cash deal is best") and closed Hold It! until he could reopen it in his own property. He shelled out $200,000 to make the house the town's plushiest and, with its silk-damasked walls, probably the gaudiest. When contractual snarls developed over transplanting Hold It!, Farrell switched from musicomedy to revue, signed up Comics Bert Wheeler and Paul and Grace Hartman, tossed in another $250,000 and put on All for Love. It was a critical flop...
...about money," says Impresario Farrell, grandson of Util-itycoon ($85 million) Anthony Nicholas Brady. "There's no sense making a lot of it. You just have to give it away in taxes." But promoters and crackpots who have set snares for some of Tony Farrell's ready cash have misjudged him: "I'm not a soft touch. These guys around here think I am, but I know what the heck I'm doing...
...week's end, the undergraduates' campaign had raised $6,373 worth of cash and pledges and the campaign was still going full tilt. There was even a chance that Rutland Junior College would be able to open next September, if enough Rutlanders voted yes in the referendum...