Word: lastly
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Dates: during 1940-1949
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...outlook did not look as good to everyone, notably to Federal Reserve Board Member Marriner S. Eccles. He warned that there was inflationary trouble ahead. Before a congressional subcommittee last week, he ticked off a few signals: consumer credit is now up to $17 billion, almost double what it was at war's end, and the Federal Government is running into the red at the rate of $5.5 billion a year. Too many houses are being built on too slim security, said he, and the new corporation pension plans, which he flatly called "a big mistake," will keep prices...
...talk about inflationary Government spending had grown so loud that even the Administration seemed to be taking note. Last week Secretary of Commerce Charles Sawyer was back at his desk in Washington after a swing around the country, in which he had dispensed thousands of soothing words into the ears of worried businessmen...
...Last week at its convention in Sacramento, the National Grange, second largest of the three main U.S. farm groups,*condemned the Brannan plan and went beyond; it also questioned many of the chief points in the whole support program. It called the Brannan program "an internal cancer that would ultimately destroy our free enterprise system...
...Canyon Reef. The Joe York No. i well last week was important not only to Joe York, his wife and four children, who would soon be getting an estimated $10,000 to $15,000 a month for life from the royalties of it and other wells. It had also proved up another big area in Scurry County's incredible Canyon Reef oilfield, where movie stars and other hopeful wildcatters had been prospecting for months (TIME, Oct. 10). To oilmen it looked as if the Scurry pool was the biggest since the East Texas field came in in 1930. Estimates...
...last week, some 6% of all the oil rigs on the North American continent had moved to Scurry County, 200 wells were already in and producing at the maximum allowable rate of 35,374 barrels a day, 133 new ones were in the process of drilling, and wildcatters were everywhere. Said one old Texas oilworker, who had followed the rigs through all the great Texas fields: "This is the biggest thing yet. It's the last time I'll see it in my lifetime. They just don't come like this very often...