Word: debts
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Dates: during 1940-1949
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...Eddie Condon, who were to help create the "Chicago school" of jazz, sat and listened worshipfully. All of them now make their bow to Louis. Says Drummer Krupa: "No band musician today on any instrument, jazz, sweet, or bebop, can get through 32 bars without musically admitting his debt to Armstrong. Louis did it all, and he did it first...
DeTucci said that he does not believe that redemption of outstanding coupons will take preference over the bank debt, but that he hopes to make some kind of refund, probably at a discount...
...Dealer Elbert D. Thomas, chairman of the Senate labor committee, would try to hustle the bill on to the floor but there it would run into a coalition of Republicans and conservative Democrats. There were signs that the Administration itself, having made a down payment on its debt to labor, wouldn't mind too much if a few amendments were tacked back on. The non-Communist oath, for example, might be put back. And Harry Truman, who had found the Taft-Hartley injunction a handy weapon to use in four national-emergency strikes, might like to have it around...
Domestic Affairs. $6.2 billion for old-line Government agencies (agriculture, labor, etc.), $2.4 billion for social welfare, $5.5 billion for veterans, $5.4 billion interest on the $252 billion debt...
...alone), agreed with other steelmen that the key to more expansion is the quicker-or more realistic-write-off of its cost. In lieu of that, Kaiser has adopted his own harsh substitute. He raised the price of his Fontana steel $30 a ton to apply against the Government debt on his plant...