Word: hocked
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...last time the farmland value line took a perpendicular upward direction it finally went through the roof. Many a farmer is still in hock because he forgot then that what goes up, etc. On the awful 1921-35 toboggan the average value of a U.S. farm nosedived from $10,284 to $4,825; some 85,000 farmers hit bottom and went through the wringer in the '30s. But this time there are indications that the U.S. farmer does not yet need to be reminded of those doleful years. Most hopeful contrasts between now & then...
...Eleanor Roosevelt entered the fray, deplored company stores which "keep miners in hock forever...
...payment of two years' taxes in one year would be a severe hardship, if not an impossibility. . . . Complete doubling up would undoubtedly be too harsh for some. . . ." (Point Two of the Ruml plan: taxpayers cannot afford to pay their 1943 taxes while they are still in hock to the Government, as under the present system, for taxes on 1942's income...
...Determined air-raid wardens and plane spotters are buying binoculars (except those which meet Navy specifications) and telescopes. In Washington (where pawnshops are illegal but "secondhand merchandise establishments" carry on just the same) antiques, glasses and brassbound telescopes that had been in hock for decades are being snapped up by a rush of buyers...
...Soldiers, sailors and Marines, bent on fun or a furlough home, hock rings, watches, civvies, tailor-made officer uniforms, trench coats, portable radios-anything but Government-issued goods, which hock shops cannot accept. To the amazement of pawnbrokers, servicemen are quick to redeem their property-especially the ubiquitous wrist watch inscribed from the "girl back home...