Word: due
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Dates: during 1940-1949
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Other measures high on the Republican agenda were an anti-lynching bill and a bill to extend rent control (with the 15% "voluntary" increase), which expires in February. Universal military training was also due to come up, but its chances of passage looked slim. Even slimmer were the chances that Republican leaders would take any steps to add more economic controls. Vermont's Senator Ralph Flanders said he would introduce a standby meat-rationing bill. Senator Taft is on record for a meat-rationing bill-if needed-but only a severe meat shortage would bring about sufficient support...
...gross national product (total goods and services produced) was $230 billion, 13% higher than the record peacetime peak of 1946. Like the New Look, some of the astronomical figures of dollar volume were not so impressive as they seemed. The rise in the gross national product was due in part to price rises. But in items turned out, 1947's industrial production was 23% above 1946's surprising total...
...rise, but the demand for many another item was already going down. Example: the dollar value of all retail sales was $109 billion, up 13% over 1946. But the unit volume, i.e., the number of items sold, went down an estimated 10% during 1947. Part of the drop was due to the increase in production, which tended to satisfy demand, and part to the rise in prices. In a free economy, prices can also be a cure for inflation-if a harsh one. As London's Economist put it: "Rising prices and inflation are . . . associated together, like scarlet fever...
Losing only one out of 12 games, the Crimson representatives barely out-guessed a favored Columbia aggregation in a close tournament which was not decided until the final afternoon matches of a three day contest. Eli chances were hurt by defaults due to an undermanned team team and the often flashy New Yorkers were relegated to second place by the steady play of the Crimson...
After Mussolini's fall and Italy's capitulation in 1943, it was only a question of time before opportunism would collect its due. But stubbornly the King procrastinated, hoping somehow to hang on to his throne. In 1944, he named his tall (6 ft.) playboy son and Crown Prince, Umberto, as "Lieutenant General of the Realm," subject to the people's will to be expressed by free vote. Victor Emmanuel remained a king in name only...