Word: chunk
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Dates: during 1950-1959
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...Truman could hardly have picked a worse time to announce he would not run again (see NATIONAL AFFAIRS). Many dailies had only the usual weekend skeleton crews on hand to handle one of the biggest political stories of the year, and their presses had already rolled off a big chunk of their fat Sunday editions when the big news came through. Most had been decoyed into a false security by an advance text of Truman's speech sent out at 11 a.m. which said not a word about his intentions. Nevertheless, when he news came through...
Small Job. Before long, he was making close to $100,000 a year, made another chunk playing the market. In 1949, when he was worth $250,000, he felt he "could afford" to go back to SEC as a commissioner. But the job wasn't big enough to keep him busy. So in 1950 he became chief counsel to Senator Lyndon Johnson's "watchdog" committee on preparedness, even though he had to do most of his work at night. He was largely responsible for the committee's reports on wasteful military spending...
...when it is, Bahrein will be prepared. Again persuaded by Belgrave, the Sheik has been saving a husky part of his $4,000,000-a-year oil royalties (which are due to be raised). The Sheik keeps one-third for himself, salting away a good chunk in British securities; spends another third on public improvements; deposits the remaining third in the bank, where it buys British government debentures. Today Bahrein has a growing cash reserve of more than $6.500,000 against the inevitable day when the last of the oil is drained away...
...Carter became interested in oil. He drilled 99 dry holes and was known as the "dry-hole king" before he ever reached production-a record that would baffle a professional oilman. Yet when he got production, as they say in Texas, he got it good, and sold out one chunk of his holdings for $16.5 million. When Fort Worth's largest hotel was in danger of being bought by a Dallas man, Carter fended off the dreadful civic disgrace by taking it over himself. Largely because of his determination to make Fort Worth an aviation center, he became...
Under the new stretch-out plan, aircraft builders agreed that the number of "multiple sources" ready for volume production is bound to diminish. Aircraft companies who have been farming out a big chunk of their work will probably shift more work back into their own plants. The result will probably be that some aircraft plants, scheduled to come into production, will be crossed...