Word: fed
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Dates: during 1950-1959
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...open-air market near Manchester last week, Britain's Prime Minister Harold Macmillan, smiling in the hustings, took his stand alongside a gypsy fortuneteller's trailer, confidently told an audience of 300 tweedy housewives and white-aproned fruit vendors: "This country is better off today-better fed, better clothed, better housed-better off in every way than ever before in history." Before another knot of housewives in a shopping center north of London, Labor's leader, Hugh Gaitskell, demanded, "What's being done about spreading that prosperity among all of us?", went on to tout...
...Shocks. Central element of the machine is the impulse Tenderer. A stream of water carrying animal or vegetable matter is fed into it. As the water flows through, beaters moving with a linear velocity of 22,000 feet per minute produce a series of shock waves at the rate of 35,000 per minute. These shock waves, traveling through the water, break open the cells in much the way that a depth charge can crack a submarine's hull, and the cell's contents-mostly water, protein, and fat or oil-spill out. The slurry is passed through...
Tightening money last week sent the Federal Reserve discount rate to 4%-the highest level in 24 years. It was the fifth such increase since the Fed set the discount rate at 1¼% in the 1957-58 recession as an aid to recovery. In abandoning the 3½% level that had held since last spring, the Fed's purpose was to narrow the abnormal gap between the cost of Fed money to member banks and the rate at which the banks could lend money to their customers. After commercial banks upped the rate to their best customers from...
Behind the Fed's decision to follow the interest market up another half notch was concern over the ballooning of commercial loans, which have continued to rise despite downturns in loan requirements in industries affected by the steel strike. During the strike's early stages, the Fed delayed raising the discount rate for fear of adding to the effects of the strike on the economy. But as it became clear that the strike was not slowing the boom, the Fed began to worry over what will happen when the steel strike ends and steel users return in full...
...legend has it that Spam is ham that flunked its physical. Among fed-up fighting men from Attu to Anzio, Spam became one of the most celebrated four-letter words in World War II, gave birth to a flavorsome literature of tales, odes, jokes, limericks. The story was told of a downed flyer who wandered through the South Pacific jungles for several weeks, subsisting on berries; when he finally found camp and was offered Spam, he fled back into the jungles, crying "I'm going to eat the berries...