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...thought that the results of Snyder's action would prove much of a damper on the inflated market. The cost of borrowing would have to be much higher to be effective. As for the rediscount rise, its effect would only be psychological. Borrowings by member banks from the Federal Reserve Banks are relatively insignificant, at less than $300 million. With excess reserves of over $1 billion, member banks were not likely to raise the volume by much, nor feel any actual pinch because of the higher charges...

Author: /time Magazine | Title: THE ECONOMY: Flation | 8/23/1948 | See Source »

...secondhand car wouldn't start. He got out to push, and strained a leg muscle. That was the beginning of trouble for the world's fastest human. Last month, after setting a new world record for 100 yds., Patton pulled another muscle. His injury put a damper on U.S. hopes of winning a single flat race in the Olympics...

Author: /time Magazine | Title: Sport: Warm-Ups | 6/28/1948 | See Source »

...Attorney General, 1938; Governor in 1942, re-elected in 1946 on both Republican & Democratic tickets); never defeated in any election. He was Republican state chairman from 1934 to 1936, national committeeman from 1936 to 1938, keynoter of the National Republican Convention in Chicago in 1944 (when he put a damper on the vice-presidential boomlet started in his behalf...

Author: /time Magazine | Title: National Affairs: WHO'S WHO IN THE GOP: WARREN | 4/12/1948 | See Source »

...presumption, he thought, in claiming to be able to explain anything to him Especially when a soft wind was bending the grass down before it and the stores on Mass. Ave were showing bright Spring ties in their windows. Vag got up slowly, realizing that the grass was damper than he had thought. He fingered his book, overcame an impulse to hurl it into the Charles, and started back across the Drive. You could throw a lot of bull, no doubt, in a political polity hour exam, and after that there would be the vacation and a couple more moths...

Author: NO WRITER ATTRIBUTED | Title: The Vagabond | 3/23/1948 | See Source »

Russell K. Height Jr., 28-year-old ex-G.I. who had a brief blaze of glory as a brigadier general of the Moslem raiders in Kashmir (until the U.S. State Department put on the damper), landed back in Denver. British-born Mrs. Haight promptly slipped on the leash: "We're going to raise a family-five or six." Said husband Haight: "I will cooperate...

Author: /time Magazine | Title: People: Hearth & Home | 2/16/1948 | See Source »

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