Word: coverer
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Dates: during 1950-1959
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Concerning your Hagerty cover: Since when does a press reporter take his notes in longhand? Your artist should have had shorthand symbols...
...cover subject of TIME'S fourth issue, back in 1923, was Turkey's late, great Mustafa Kemal Ataturk. Since then, TIME has followed Turkey's drive to become a modern nation with many a continuing story, this week stops for a comprehensive look at the man many consider the greatest Turk since Ataturk. See FOREIGN NEWS, The Impatient Builder...
...from $3 to $5 a man, toward raising the $24 million strike fund to $50 million. They hopefully added a feature Reuther had not asked for: in case a strike does not come off, the extra assessments will be refunded. Though there were optimists who believed that under cover of his distinctly inflationary profit-sharing plan Reuther would be able to bring home some more good old-fashioned inflationary pay raises. Detroit generally believed that, with the auto industry in trouble, a lot of U.A.W. members might have to hit the bricks first...
...Cover...
...into the economy has been to allow bank reserves (and thus their lending ability) to increase by some $500 million, partly through open market purchases of Treasury securities. But so far, it has failed to use its strongest economic medicine: lowering the reserves all member banks must maintain to cover deposits. Currently, the FRB requires banks to keep reserves at an average ranging from 20% of loans for big central city banks to 12% for small country banks, well above the legal minimums. Even a 1% reduction in reserve requirements would make possible nearly $6 billion in new loans...