Word: free
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Dates: during 1940-1949
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Southern Californians were unconsoled when Jones said that he might enter one of Citation's crack stablemates-Free America-in Santa Anita's $100,000 Maturity Stakes. That would be like getting Lana Turner's sister on a date you thought you had with Lana...
Their main target was the Hope-Aiken Act (TIME, June 28), under which the Government is free to lower price supports from 90% to 60% of parity after 1950. Led by Georgia's white-haired H. L. Wingate, the Southerners fought a three-day battle behind closed committee doors for a resolution urging Congress to repeal the Hope-Aiken Act, keep price supports at 90% of parity...
...president last year (TIME, Dec. 29). Farmer Kline last year raised $40,000 worth of hogs and hybrid corn on his Vinton (Iowa) farm; he also found time to sit on the board of Chicago's Federal Reserve Bank. He believes that if farmers are to stay free enterprisers, they should not rely too heavily on Government support...
...helped Kline defeat the Southern proposal and got the federation to go on record in favor of the Hope-Aiken Act. But it also urged Congress to enact a permanent law making any agricultural commodity eligible for price support. No one suggested that the farmers prove they were the free enterprisers they fancied themselves by eventually doing away with all price supports, any more than other businessmen would do away with tariffs...
Despite Christmas shopping, record sales were off 40% for the year from 1947. Sales of phonographs, already hit by television sales, were also down. In Manhattan, one desperate dealer offered up to $50 worth of records free with every table model and $200 worth with every radio-phonograph console...