Word: licks
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Slough of Dispond. The year began in an air of political unreality. The Administration gabbled of plans for new controls to fight an inflation that was already ebbing. With hard words for business, which was charged with failing to live up to its promise to lick inflation by production, President Truman talked of Government-financed steel plants, demanded $4 billion more in taxes and stand-by controls. Before long, he knew that he was wrong...
...midyear, production had dropped 17% but it also seemed, at last, to have found a solid footing. And the "recession," it seemed, had at least in part been caused by a great miscalculation. U.S. businessmen, roaring mad at those who had underestimated the ability of U.S. production to lick inflation, had made a similar mistake themselves. They had underestimated the appetite of U.S. citizens to consume. At the year's start, the supply of goods on hand and in the pipelines seemed enormous-$58.5 billion worth, enough to last the U.S. for three months even if not a wheel...
Pigs & Cigarettes. Born in Russia of a Huguenot family, Fabergé had probably studied goldsmithing in Paris, but there was no evidence that he had done a lick of manual work on any of the works on exhibition. His genius was in his head and active enough to keep 700 artisans, mostly Finns, busy in his St. Petersburg workrooms. The imperial court was not Fabergé's only customer: every millionaire in Russia clamored for his wondrous candlesticks and parasol handles. In time he produced enameled pigs for the court of King Chulalongkorn of Siam, Buddhas and bowls...
...shared the mayoralty with him during the Twenties, Malcolm E. Nichols and Andrew J. Peters, both left City Hall in near-disgrace while Curley re-emerged as the city's saviour. Maurice J. Tobin, who beat him in 1937 and 1941, seemed to be the only one who could lick the Curley curse; and the moment Tobin went up the political ladder, Curley sneaked in again in 1945 when the anti-Curley faction thought he would be a pushover for anyone who ran against...
...first glance the recently released University Financial Report might seem a rather comforting document. Not only did Harvard compile a $497,753 surplus in 1948-1949, but it was able to do so while many other colleges and universities were cutting courses and firing teachers in unsuccessful attempts to lick recurring deficits. However, the Report also shows up the big weakness in Harvard's apparently strong financial position--the University's unrestricted reserve is sharply declining, because there are certain sick departments inside the outwardly healthy body...