Word: denting
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Last week the Philharmonic-Symphony directors announced the result of their second annual competition. Again the prize went to an Evanston musician: a strapping, blond-whiskered composer named David Van Vactor. A sole honor able mention in the same competition went to Composer Mark Wessel, onetime stu dent and teacher of composition at Evanston's Northwestern University...
Following up the swift surprise offensive which carried across the Ebro River last fortnight to make a 240-square-mile dent in the north side of Rightist Generalissimo Franco's salient-to-the-sea, Spain's Leftists last week launched another. The second dented the south side of the salient, some 30 miles west of battered Teruel. Taking advantage of the fact that the Rightists had shipped 40,000 troops from the Teruel area to the Ebro front, bald-domed General José Miaja, commander-in-chief on the southern Leftist front, pushed his forces through thinly-held...
...full-fledged officer and gentleman from Sandhurst or Woolwich, the academies in which most British Army commanders have been trained, a young man has needed $1,500 for the 18-month course. Last week the aggressive "Tory Socialism" of rambunctious War Secretary Leslie Hore-Belisha made a heavy dent in the money barrier which for generations has kept sons of Britain's lower orders from becoming brigadiers. His Majesty's Government announced that Sandhurst and Woolwich scholarships would be available to every candidate able to pass the tests; furthermore, special grants of ?20 a year would be made...
...thesis also of his severe critic General Hugh Johnson), is that steel prices have been too high and would have to come down to assist recovery. Neither this oft-reiterated suggestion nor the fact that steel production last December fell as low as 19% of capacity appeared to dent the steelmasters' contention that prices could not be cut without a slash in wages. But Franklin Roosevelt was also explicitly on the record against wage cutting. In the face of reduced sales and mounting losses ($1,292,151 lost in the first quarter of 1938 against $28,561.533 netted...
...often remarked that the steel industry will not revive until prices are cut. But steel prices are as stiff as any in the country and this opinion bounced off steelmasters like BB shot off a tank. Last week it seemed that where Franklin Roosevelt had failed to dent their determination, continued bad times might succeed. 2) Building material prices last week hit a new low since 1936. In Franklin Roosevelt's last lecture on prices he remarked that a sharp increase in building costs last year nipped a promising building boom. Probably the most optimistic sign...