Word: gaps
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Dates: during 1940-1949
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Harold Ross, picket-toothed editor of The New Yorker, read in Exquisite Lucius Beebe's rococo column that he was shy a front tooth. Ross wrote in reply that he had all his front teeth, had a whopping gap between two of them, had refused his dentist's suggestion that it be filled in. Cried Ross to Beebe: ". . . You are making an eccentric...
...spending days; 2) though revenues were $22 billion, up four times the prewar average, the Federal debt had jumped from $40 billion (1939) to $137 billion. Economists who once cried "Wolf" at $8 billion F.D.R. budgets had no words left now to report their horror at the ever-widening gap ($56 billion in fiscal 1943) between what the U.S. Government took in and what it spent. The name of that gap was inflation...
...fill part of the great gap war has torn in their merchandising, Sears announced a new venture: its own monthly book club. Sears is out for 100,000 members who will agree to take at least four books a year-at $1.66 each, plus postage. The books are to be selected by a Gallup poll of the club's own members-"a people's book club organized to provide books selected by the people for the people." The first pre-Gallup selection: Marcia Davenport's best-selling novel Valley of Decision. First premium (for joining): Lloyd Douglas...
...nearly full moon lustered the magnolias blooming along the University of Virginia's esplanade. The air was heavy with honeysuckle. When the commencement german* ended, Virginia men and their young ladies thought of the traditional 20-mile drive to Afton Gap to see the sun rise. But there...
President Roosevelt announced that he would present a new fiscal program to Congress before the summer recess- pointing out the danger of the "inflationary gap" and asking for new taxes. By week's end he had all his financial advisers working on the program: War Mobilize? James F. Byrnes, the Treasury, Budget Director Harold D. Smith, Economic Stabilizer (and oldtime taxpert) Fred M. Vinson...