Word: dropping
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Dates: during 1940-1949
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Sure enough, President Truman had his guard up. He said that Barkley was right about the veto, and let the matter drop. Other questions he answered briefly, parried or dropped with a "no comment." In seven minutes the conference was over...
...hope of a drop in food and clothing prices later this year changed abruptly into doubt. For the second successive week, the commodity futures market, which had been quiet or sagging during May and June, boiled up with an ominous hiss. Wheat futures rose the permissible limit of 10? a day. July corn jumped to an alltime high of $2.21 a bushel. Within two days, sharp rises in eleven major commodities forced the Dow-Jones commodity futures index up 4.07 points to 146.37. It was the highest since the index was first compiled in 1933 and 9.82 points above...
This time the monarchists were wary, and advised their followers to drop blanks in the ballot boxes. Few dared to abstain from voting, for failure to vote could be punished by fines, reduced rations or loss of jobs...
Buoyed by such news, most businessmen began to find new and softer meanings for the term recession. After the downturn this spring, many an economist had feared a fairly sharp drop. Yet even in industries where there had been a sudden slump, notably textiles, the readjustment had been made with no more than a tooth-shaking jar. Now there was hope that other adjustments could be made in a gradual, orderly fashion. So when businessmen talked of recession, most of them no longer meant a big, sudden crack un the whole economy, but a continuation, industry by industry...
...Wall Street felt that the aid would come, no matter how pinchpenny Congress now seemed. All this caused the Federal Reserve Bank of New York, the Sanhedrin of financial theologians, to say in its July report: "While individual commodity prices which got out of line may drop to lower levels, it is thought that the tendency of the overall price level is more likely to be one of gradual adjustment than of violent fluctuation. In many cases, the adjustment, which is already under way, is taking the form of improved quality at stable prices...