Word: effect
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Dates: during 1940-1949
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...fall in farm income, predicted that the lower prices would not last. Many another expert thought differently. Mark W. Pickell, executive secretary of the Corn Belt Livestock Feeders Association, said that prices would be "lower in November and December," even lower next year. Whoever was right, consumers thought the effect was healthy...
...Answer. In its monthly Business Review, the Philadelphia Federal Reserve Bank also said the steelmen were wrong. Steelmen contended that the uniform basing price was a necessary and "natural" protection for an industry with high capital outlay and high freight charges. In effect, said the bank, they were describing their industry as a "natural monopoly." "If [that] were granted," it warned, "a good case could be made out for regulation of the industry as a public utility...
...loophole which permitted 1) small companies to get big-time radio stars at comparatively small cost, and 2) big-time stars to keep much more of their income by making it in stock profits, taxable as a long-term capital gain (maximum 25%) instead of income (maximum 77%). In effect, if the stock should rise in value-thanks to Crosby's radio plugging-and Crosby should sell his shares, the profits were expected to be taxed as capital gain. (Outsiders were already offering $7 a share for the stock...
...less forbidding is the awesome father-of-his-country whose chilly shade rises from the five massive volumes of Chief Justice John Marshall. There have been at least 54 other Washington biographies, most of them rewrites, but their net effect has been to make a great man something of a national bore. Paragons rarely make sympathetic heroes, and to most U.S. youngsters Feb. 22 is a wintry day that celebrates a wintry figure...
...that he displays human feelings, but he has not-in the first two volumes, at least-made of George Washington a more lovable figure for popular consumption. Readers of the seven thick volumes on Lee and his generals know that Freeman is not a portrait painter who gets his effect with quick, inspired strokes; his method is careful and cumulative. His works are what book reviewers are apt to call monumental, and monumental they literally are: built block by patient block, soundly based, immense, monochromatic-and towering high...