Word: high
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Dates: during 1950-1959
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First, it suggests that a closed time limit be imposed on certain books (they could be borrowed from 9 a.m. to 1 p.m., 1 p.m. to 6 p.m. etc.); secondly, a running time limit should apply to all high-priority books; and thirdly, reserved books could be taken out of the library for the limited periods...
...Union wage demands seemed particularly unpropitious last spring, since high employment had only recently been regained after the recession and since the steel companies had accumulated an inventory sufficient to meet orders for a couple of months. The steel firms have claimed that wage increases would force them to raise prices and have sanctimoniously used anti-inflation sentiment as an argument against such wage increases. A lowering of steel prices, before the strike rather than a threat to raise them afterwards would have proved their sincerity much more effectively and probably would have forced the Union to forego any demands...
With U.S. consumer debt at a new high, a top Government economist last week issued a stern call for credit caution. Raymond J. Saulnier, chairman of the President's economic advisory council, told the nation's bankers not to go "overboard" in increasing consumer installment buying. Said Saulnier at the American Bankers Association's annual convention in Miami: "I hope we do not get involved this year or next in a great splurge of consumer expenditure propelled by credit expansion...
Last week the Federal Reserve Board announced that in September outstanding consumer credit rose to a record high of $48.4 billion. New loans are well ahead of repayments, but this is usual during a period of credit expansion, just as repayments outran new loans during the recession. Of the loan total, $37.5 billion was installment credit, an increase of $485 million over August. While this was the smallest monthly increase since last March, installment credit this year is expected to rise about $6 billion v. a $5.4 billion increase...
...business, Edgar Kaiser does not let his private life get into a mold. He wears rakish Tyrolean hats, likes to drive at high speeds, operate his motor boat in the roughest seas, set off powerful firecrackers (one of which ruptured his eardrum). He often buys clothes for his wife, personally outfitted the entire wedding party of one of his three daughters, all married (he also has three sons, Edgar Jr., 17, Henry, 15, and Kim, 11, in Eastern prep schools). Whether Edgar and his wife are ensconced in their six-bedroom, Spanish-style home in Lafayette, Calif, or speeding around...