Word: crediters
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Dates: during 1940-1949
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...average man that he is, Peck is nobody's fool. He knows that his talents, though real, are not extraordinary. He is acutely aware of the wide gap between his natural abilities and his smashing success. He knows pretty well how much of his spectacular rise he can credit to himself, how much to pure luck, how much to the peculiarities of the flying-trapeze world he works in. He fully expects to wake up one of these days and find himself in San Diego again, driving a truck...
Explaining his objections to the Truman proposal, Professor Slichter said, "The $40 cost of living tax credit would give people more money to spend. Industry is already producing at capacity. Consequently, if people spend their money for goods, they would simply bid up the cost of living. They would lose in higher prices what they would save in taxes...
...league will be divided into two sections, with a playoff at the end of the season. Each team will play twice weekly in the Indoor Athletic Building, with physical training credit given to participants...
Turn-In. When Robert Kirk, Ltd. offered to take in Christmas gift ties, give $1 credit for each toward a new one, San Franciscans in two days turned in 250 Yuletide mistakes. Put on sale, they were snatched right...
Trade-In. The Italian government followed up its monetary reform at home (TIME, Dec. 8) with a move to re-establish its credit abroad: it offered to exchange defaulted Italian bonds, par value $67,936,100, for a new 30-year issue with interest payable in dollars (1% until 1950, 3% from 1952 on). SEC lifted the wartime ban on trading in Italian bonds...