Word: crested
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Government economists warned that more serious inflationary pressures were building up. "The crest of inflation is some distance away," admitted Economic Stabilizer Eric Johnston. By next year, defense spending will be flooding into the economy at a rate of $50 billion a year. At the same time, metal supplies of consumer-goods industries will be cut back to 50% of their pre-Korea level. By midsummer, thinks Defense Mobilizer Charles Wilson, all that money jingling in U.S. jeans and a reduced supply of consumer goods' will create a $10 to $20 billion "inflationary...
Like most Britons, Princess Elizabeth and Philip, Duke of Edinburgh, tuned in the election returns last week. They were almost halfway round the world from Whitehall, resting from their tour of Canada at luxurious Eagle's Crest Lodge on Vancouver Island. Their reactions were carefully concealed. Said a spokesman: "The Royal Family is above politics. There is no comment they can make...
Three restful days at Eagle's Crest were Elizabeth's and Philip's preparation for the most strenuous week of their tour. In the next four days, they sped eastward across 2,500 miles of Canada to see, and be seen by, more cheering Canadian crowds. This week they would arrive in Washington for a three-day stopover at Blair House as guests of President and Mrs. Truman. On the program are two formal dinners, luncheon with the Tru-mans and a round of capital receptions and sightseeing, patterned on the visit of the British King...
Healey's double assignment is the result of injuries to Captain Red Wylie and tailback Dick Clasby. Clasby, still suffering from a bruise on the crest of his hipbone, did not run through signal drills with the team yesterday and will probably play very little tomorrow...
Even ten years ago, Alberta's people had the highest farm incomes in Canada, based on record-price crops. The whole rich province seemed already on the crest of prosperity when the oil boom struck. To Alberta's farm folk, a God-fearing collection of Baptists, Mormons and other practitioners of strict oldtime religion, the surfeit of bounties was a well-deserved miracle...