Word: leveller
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Dates: during 1940-1949
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Hidden away in the 62 closely printed pages were hints that the machine, which Britain has been running at top speed since war's end, was already missing on a few cylinders. Last year Cripps set the export target for the end of 1948 at 160% of prewar level. Last week, it was cut to 150%. There was simply no likelihood that the higher one could be reached...
Would they be? He doubted it. Some textile manufacturers, said he, even plan higher prices for next fall while business is relatively slow at both wholesale and retail levels. "Manufacturers frankly admit in many cases that they are not going to reduce prices until they have to, and that they would rather curtail production if necessary to maintain the present high level of prices. There is little evidence that manufacturers are trying to reduce costs or prices. This is the stuff out of which booms and busts are made...
Professor Mather reported that he had "learned with great regret that because of financial limitations it would be impossible to continue, instruction and research in Human Geography at Harvard on the present level...
...week to learn the finer points of bridge from a more proficient neighbor, then it is quite likely that other groups would gather for a competently directed discussion of existentialism or modern art. Resident professors and tutors could again mix with students on the informal House level. A fully developed program would do much to bring the long-dormant House plan to life again...
Died. Major General Uzal Girard Ent, U.S.A. (ret.), 48, leader of the low-level mass bombing raid on the Ploesti oil refineries in 1943; after long illness; in Denver. Paralyzed from the waist down in a 1944 crash, he set an example for other paraplegics by ultimately learning to walk with braces...