Word: effect
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Dates: during 1940-1949
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American aid had rescued the country from bankruptcy-and close on bankruptcy's heels had lurked dictatorship, not necessarily Communist, but certainly of harsh totalitarian economic control. Now France, in effect, had one leg in the emergency ward and one in the convalescent ward. It was Bruce's immediate job to get France entirely out of the first and into the second...
When dichlorodiphenyltrichloroethane (DDT) was first offered to the general public in 1945, the U.S. Army and Public Health Service warned that the wonder insecticide had better be used cautiously. No one knew much about DDT's long-range effect on human beings or on the balance of nature...
Although the new margin rule, in effect tripled the amount of borrowed money which could be used to buy stocks,* it did not bring many new customers into the market. Most of the stepped-up business was done by seasoned traders who were merely using their additional credit...
...fact was that a margin cut alone was not enough to send the market up; a margin cut from 100% to 75% had had little effect in February 1947. High taxes still kept many investors short of cash and those with cash were holding off until they were surer about the extent of the current business recession...
Pints & Pints. In Beverly Hills, Calif., Joseph E. Maranghi, charged with drunkenness, told the court that he had celebrated his release from jail on a similar charge by selling a pint of his blood, buying booze with the proceeds. Cause & Effect. In Astoria, N.Y., Walter Stanger, whose two small runaway sons had just been picked up by police for the sixth time, complained: "It's you cops. You give the boys so much ... ice cream and candy...