Word: happens
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Dates: during 1940-1949
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...look at the rent situation after the abolition of controls in 1919 illustrates what may happen again. Rentals rose from 25 to 150 per cent in that one year. Within three years, they had gone up 312 per cent, due both to the lack of controls and the shortage of houses. In most ways, the country finds itself in a parallel situation today; indeed, in the housing shortage a problem exists which is now much more critical than after World War I. This condition alone makes the maintenance of rent-controls imperative, for even when prices of other commodities decline...
...houses, apartments and converted garages, nervous tenants asked themselves the same question: what would happen if rent controls came off? Everyone agreed on the answer: ante up or move into the street. Last week the prospect that controls would be lifted entirely was still remote. But a raise in rent was in the works...
Actually, a big part of the problem was out of businessmen's hands. It lay in the hands of John L. Lewis (see NATIONAL AFFAIRS). No one was sure what would happen to prices if there was a long coal strike, a crippling drop in production and another wave of pay demands all around...
Precisely what is to happen on the field between the halves must remain a dark secret, according to Jay Skinner '48, new Manager, though the assurances are that for the Ivy League's biggest post-war day, local color will run "as high as you would want...
...Memorandum are a kind of TIME in miniature. Although Washington bureaumen mainly have their eyes on the news of politics and foreign affairs, they are also responsible for the news of medicine, art, science, education, etc. that the capital makes. To keep up-to-date on what has happened and is going to happen in his field (Treasury, State Department, Army & Navy, etc.) each correspondent spends most of his week going his separate way, interviewing sources, etc.-which may include, as it did recently, an assignment to Bikini or a political depth-sounding junket into Pennsylvania. The one time during...