Word: crediters
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Dates: during 1940-1949
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...Portland, Ore., the C.I.O. convention celebrated the triumph and planned for the future. Labor alone could not claim the credit for the election of Harry Truman. But labor was the biggest, most articulate and best-organized group in the Democratic coalition. And Truman's program had been labor's program...
...four soloists, Cynthia Sweeney deserves the most credit. She sang the many soprano solos with a remarkable accuracy and beauty that placed her considerably above her three colleagues. Paul Tibbetts, bass, gave an excellent rendition of his brief solo, and Marion Hawkes and Robert Gartside sang well enough, though Miss Hawkes seemed not entirely familiar with her part...
...three men, playing as forwards, were outstanding in making Bruce Munre's first season successful. Potter, last year's high scorer, was the team's key attack man because of his passing, while Estin took credit this year for scoring the most goals. Sophomore Charlie Weiss's outstanding dribbling put him on this year's team...
...Brookings Institution's President Harold G. Moulton took a look at prospects for 1949 and liked what he saw: "A well-sustained level of national production and employment; a moderate decline in the cost of living; continued but abortive efforts at credit control; an expansion of Government expenditures for social and defense programs; [and] higher wages." Farm prospects would be dimmed by "a further decline in agricultural prices," and corporations would face increased taxes. But an increase in crops might prevent any real drop in farm incomes, said Moulton, and lower farm prices would "afford real relief for those...
Cheap Money. Wall Streeters had expected that the Treasury Department, worried about inflation, would contract credit by again boosting the rate on its short-term securities, thus paving the way for a rise in interest rates all around. But the Treasury seemed to think that inflationary pressure was dropping; last week it announced that it would continue the present rate on short-term borrowings, and all issues of long-term U.S. Treasury bonds moved above their Federal Reserve support levels...