Word: dropping
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Dates: during 1940-1949
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Most of the money had been sent with specific war requests: e.g. "for a bomb to drop on Hitler." More surprising was the fact that $1,259,000-almost a fifth of the total-had come from 50 donors who sent a check every pay day or at other regular intervals-"for the war effort." The Treasury identified some of the regulars...
...anything from spiders to tsetse-flies. Modell's Sporting Goods Stores advertised Army sleeping bags ("warm as toast") for $5.95. From warehouses all over the U.S., $600,000,000 worth of war-hoarded Government goods were on their way to civilian stores. And these would be just a drop out of the enormous bucket...
...Army's 45,000 doctors, about 11,000 were in Europe, and 9,000 in the Pacific and Asia on September 1. When the Army is cut to 2,500,000 men, the number of medics needed will drop to 30,000. By mid-1946, the point score for doctors will probably be down to 70 or less...
...week scrambled furiously to get themselves ready for installment buyers when the lid is lifted. The big credit companies led the way by slashing to an alltime low the interest rates to dealers for financing autos. Commercial Credit Co., C.I.T. Financial Corp. and General Motors Acceptance Corp. announced a drop from a prewar 4% to 3%. (The Bank of America National Trust & Savings Assn., in San Francisco, went them one better...
...committee also lifted its voice for excise taxes, arguing that in relying almost entirely on income and corporation taxes, the U.S. is relying on a broken reed. Example: during the depression, U.S. tax revenues were cut in half as the national income plummeted. In England, where the income drop was great, revenue remained steady, thanks to the British system of levying heavy excise taxes. In effect, the committee argued: if alcohol is taxed, why not tea and coffee...