Word: copper
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Dates: during 1950-1959
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Galbraith would reinforce the high taxes with indirect controls, such as those already imposed on consumer and real estate credit, as well as certain "selective" price controls on crucial materials like copper and rubber. But the "heavy artillery" of blanket price controls must by all means be held back, he said, until we have some idea of a terminal point. "Price controls become less effective the longer they remain in existence," he explained...
...James also went into politics, was mayor from 1844 to 1845, set up New York's first uniformed police force. From the officers' copper buttons came the slang term "cops...
...Copper's Pay. Bill Drury was a plainclothesman but his clothes made a mockery of the title-his suits were" about as plain as a Capone mobster's funeral, and almost as expensive. He became a lieutenant and acting captain, and quickly fell into the pattern which Chicagoans expect of their police captains-a rich man's life on a copper's pay. He made a fetish of wearing a hat and, as his hair began to disappear in later years, he even kept one on while eating in the classiest restaurants. "I'd rather...
...expected, the first order of William H. Harrison, boss of the National Production Authority, put a ceiling on business inventories to prevent hoarding of scarce materials. The broad order, issued this week, covered 32 materials, all the way from iron, steel, copper, gypsum board and industrial alcohol to burlap and nylon yarn. (Retail buyers were not affected.) Businessmen were warned not to accumulate materials "beyond what is needed for immediate production...
...Harrison assured steel and copper men with whom he conferred that whatever businessmen had done to build up inventories before the order was issued was strictly their business. Said Harrison, in effect: "Any businessman who didn't do a lot of forward buying would have been neglecting the interests of his firm." Nevertheless, he added, now that the order was out, it would be vigorously enforced...