Word: hooking
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Dates: during 1940-1949
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President Conant has a favorite theme. He stated it in a letter to Alf M. Landon last fall. He repeated it on a nation-wide radio hook-up Wednesday night. It is: "Fear of war is no basis for a national policy." This sentence throws dust in the eyes of those interested in keeping this country out of war. It pretends to be a universal principle, applicable in any given case. But it is not. If we feel that a particular war offers nothing but disaster for us, we have a right to fear our entrance into...
Making his first public statement on the war since his letter to Alf Landon favoring repeal of the arms embargo last October, President Conant will speak tonight over a nation-wide hook-up of the Columbia broadcasting system on "Immediate Aid to the Allies...
...Dealers, were so slight as to be imperceptible. The House jumped on the Norton amendments ravenously. So infectious was the fun that New Dealers and Republicans joined in, soon inflated the Norton bill into a balloony caricature of a law. So many workers were exempt that Representative Frank Hook of Ironwood, Mich, heckled: "You have exempted everybody but the unemployed . . . might as well do that...
...outdone, some 30 eastern railroads put in their own train-auto service last week by arranging a hook-up with local drive-yourself agencies in 55 cities. Their rates, reduced for train passengers only: $3 a day plus 5? a mile ($4 a day, 6? a mile in New York City). Free taxis to the agency are included. Hope for their plan (and for Railway Extension) was advanced by the experience of the New Haven, which pioneered the idea on a limited scale in 1938, has found it adds about 50 passengers a month in nine New England cities...
...straight interest, but a "hazard charge" was the hook with which Pacific collected its usury. Supposed to protect the lender against theft or destruction of autos (which Pacific accepted as security), typical hazard charges were $30 on a $70, six-month loan (the equivalent of 133% simple interest), $88 on a $300, one-year loan (53%). Pacific would then reinsure cars with an insurance company at rates averaging one-tenth the hazard charges...