Word: dropping
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Dates: during 1940-1949
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Kentucky's old (72) ex-Congressman Andy May stood up in a Washington federal court last week and proclaimed: "I have never tasted liquor, wine or beer . . . if I go to jail my grandchildren will drop out of college." The two Garsson brothers appealed for mercy too. Henry Garsson made a speech; Murray Garsson wept softly. The Garssons had been convicted of giving May bribes of $53,000 while running a shoestring into a $78 million munitions combine (TIME, July 25, 1946 et seq.); all three faced maximum sentences of six years, fines of $30,000. Judge Henry...
Fred Fagg believed that the faculty knew better than the student what makes a well-balanced education, and chopped away at the student elective system. He liked to drop in on lectures unexpectedly, and if he thought one was bad he told the professor so afterwards...
WASHINGTON, July 24--Congressional Republicans, stalled in moves for a Senate investigation, were forced today to drop the idea of a House inquiry into Attorney General Clark's handling of the Kansas City vote fraud charges...
Whether all this meant that the U.S. would not get the drop in food and clothing prices which had been expected in the fall, there was some debate. Typical was the argument over meat. The Department of Agriculture feared that corn would be at least 200,000,000 bu. too short-and too expensive-to maintain meat production at present levels. On the other hand, the American Meat Institute saw "no drastic effect on meat supplies or prices." Nevertheless, top grade beef in Chicago rose to $30.50 a cwt., highest since last January. Not till all the crops were...
...Word for It. Clarence Francis, chairman of General Foods Corp., told a congressional committee that food prices (see Commodities) may drop as much as 15% by harvest time next year. Along with this far-fetched hope, Francis had a new word for the economic drop which he expected by year's end. It will not be "a depression or even a recession. I prefer to call it a 'corrective,' and a fairly mild one at that...