Word: gaps
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Dates: during 1940-1949
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Courses Will Fill Gap...
These conference courses given by the Houses Dean Hanford asserted would help to fill a gap in the accelerated program, and they should especially appeal to the undergraduates "as part of their distribution work by laying stress on important authors whose writings are regarded as of especial value in achieving the objectives of a liberal education...
Whatever FRB's order does to the great U.S. institution of easy credit, it will have little effect on inflation. Though OPA last week estimated that the new restrictions would mop up $2 to $2.5 billions in potential credit, the inflationary gap between purchasing power and available consumers goods is already so huge that even a no-credit-at-all order would not solve the problem. The U.S. Department of Commerce has estimated that, even in normal times, 63½% of all retail sales are made for cash, 23½% on charge accounts, only 13% on the installment plan...
...estimates were knocked out by U-boats prowling the East Coast. The East normally uses 1,600,000 bbl. a day, 90% shipped by tanker; now tankers would carry only a fraction of the load, and there was no way to fill the gap. The railroads, working valiantly, got last week's shipments up to 640,000 bbl. a day (see p. 73). Pipelines and inland waterways added only 175,000 bbl. a day. Until new transportation miracles could be performed, the East was out of luck. Even under this week's rationing system, the East will still...
...Yale-Penn monopoly, which was supposed to be the main feature of the Ivy League get-together, failed to materialize, and Jaakko Mikkola's men filled in the gap, running pretty close to the program lined up for them by the genial Finn...