Word: fractionization
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Dates: during 1940-1949
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...planes over Occupied France and vaulted over the Alps to the Po Valley. At week's end, in the biggest raid yet, one group of bombers alone dropped 54 two-ton bombs and 55 tons of incendiaries in less than an hour on Turin. This was only a fraction of the total tonnage carried by an estimated 200 to 300 planes. Three were missing...
Some ten yards from the bank the left tread of the rear tank climbed out of the treadway. The tank teetered for a fraction of a second, then the pontoons shifted. With treads still grinding and motor roaring, the tank plunged off the submerging treadway into the river, sank in a swirl of bubbling water. Almost on top of it plunged the tank ahead, down into the river out of sight...
...eleventh of the Battle of the Solomons, the U.S. was confronted by some figures and a crisis: U.S. Marines, soldiers and sailors had damaged 51 and sunk eleven ships and destroyed 340 planes in the Solomons area since Aug. 7, while their own announced losses had been only a fraction as high. But the U.S. forces were in trouble as they had not been since Bataan fell. Against the Guadalcanal beachhead held by Marines (plus some recent Army arrivals) the Japs poured wave on wave of cruisers, destroyers, planes and transports brimming with...
This talk of saving the taxpayer money was of course sheer eyewash since the Treasury, if it chose to put out short enough maturities, could finance the war at a fraction of 1%, or for nothing if it issued greenbacks. Moreover, a 2¼% longer term issue would not have been out of line with current Government bond yields. But the Treasury feared that if it put out such an issue just now investors in the future might demand this higher rate on shorter maturities. This would jack up the price of money all around and might-so the argument...
...week's end the Ballet Theatre was doing the biggest business in its recent history and losing money hand over fist. Of its $30,000-a-week budget, only a fraction was coming in at the box office. The rest was coming from the company's dance-daft angel, Lucia Chase, widow of Yonkers' carpet tycoon, Thomas Ewing Jr. Unlike most ballet patrons, Angel Chase is a professional ballerina, dances bit solo roles, solemnly draws a $75 weekly paycheck while regularly losing an estimated $150,000 a year making up the Ballet Theatre's deficit...