Word: fiat
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Dates: during 1940-1949
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...price. He proposed a Government inventory of all coffee, and even asked the big fellows to release stocks and correct the maldistribution. The meeting was unwieldy, and broke up with little done. Henderson's next step would normally be to fix all coffee prices by fiat. That might be good business, but not as the State Department understands...
...Corpus Christi grew to 57,000; the Rio Grande Valley, desolate and sandy in Grandpa King's day, bloomed under irrigation; oil towns fed wealth to the cities along the Gulf. But through all Texas' titanic changes, the 1,500 miles of wire fence still surrounded the fiat coastal plains and brush land of the King and Kenedy ranches. The Hug-the-Coast Highway from Houston through Corpus Christi cut straight across country-until it came to the fence at the Kenedy County line. Then it detoured 23 miles west, 46 miles south. 23 east again before...
...only effective reply which the defenders could make was to night-bomb the enemy in return. R. A. F. did blast Düsseldorf, large coal, steel & freight centre, submarine bases in France, air bases everywhere in the conquered countries, the Fiat works and Royal Arsenal in Turin. But the R. A. F. was still outnumbered and the damage done was probably not equal to the damage Britain received...
When sage Bernard Mannes Baruch laid down the sceptre of economic power at the end of World War I, he gave the U. S. some shocking advice: that if it ever wanted to go to war again, it should fix a ceiling on all prices by fiat as soon as they threatened to go up. Mr. Baruch repeated this advice so often in the ensuing 23 years that many a businessman grew to think a war economy and price-fixing are inseparable. Already such businessmen see the corpulent outlines of price-fixing in the figure of New Dealer Leon Henderson...
...price dictatorship was ex-Baruch-aide General Hugh ("Old Ironpants") Johnson. Said he: "You can't stop a skyrocket advance in prices of everything merely by tying prices of a few things to the ground. There is only one way to do this job. That is by fiat. ..." William Trufant Foster was just as gloomy, told hardwaremen: "I was on the Consumers' Advisory Board of the NRA and found it was window dressing. . . . The Government can't control the price level and stop the upward spiral." But unlike Johnson, he concluded the Government should keep hands...