Word: half-billion
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Last week, the104th of World War II, scattered points of the British Empire issued encouraging aerial statistics to King George VI's half-billion scattered subjects, their allies, other well-wishers...
Prices are fundamental in the problem. Up-spiraling prices mean up-spiraled production costs. Two dollars are needed to buy one dollar's worth of goods; a billion must be spent for a half-billion's worth. Later, deflation doubles the cost of the war to future taxpayers...
...housing demand (a subdivision of all building) FORUM foresaw a total of $2,500,000,000. This would be a cool half-billion above the depression high of 1939, but still well below the $4,000,000,000 annual demand of building's blooming quadrennium...
...Relief. This looked like a sign of real revolt. But the House knew that all President Roosevelt really cared about was to keep the CCC going. And the full House Appropriations Committee, reportedly after telephone calls from the South, swiftly cancelled its subcommittee's action by restoring the half-billion Relief dollars...
...cash, the "united front" bill said not a word. But its authors asserted that it would require an immediate cash outlay of only about $1,000,000,000, instead of the expected $2,000,000,000. The Treasury could, they suggested, substitute a new issue of bonds for the half-billion dollars worth of Bonus certificates held by the U. S. Government Life Insurance Fund as security for veterans' loans. Holders of another half-billion dollars worth of certificates would, they guessed, choose to keep them for the sake of the new interest...