Word: lid
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Dates: during 1940-1949
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There is over $4½ billion of installment credit on the books now. If the lid is taken off, said he, the amount may easily reach "$17 billion by 1950." Families would go heavily into debt, he predicted, for goods that are not only highly priced but of inferior quality. A depression would cause so many defaults that the whole economy would be dragged further down, in much the way the top-heavy credit structure helped drag it down...
That night the lid blew off. As Harry Truman slept five blocks away in his Hotel Muehlebach suite, thieves entered the Jackson County courthouse in downtown Kansas City. They blasted open the election board's vault with nitroglycerin, stole most of the grand jury's evidence: ballots, poll books and tally sheets. Cried Missouri's Republican state chairman: "The Pendergast machine under the protection of Harry S. Truman is as rampant and vicious as it was when directed by Harry Truman's mentor, Tom Pendergast...
...Labor? Big Labor's successful strikes in 1946 had helped to build the pressures which blew the lid off OPA and the ceiling off prices. Government statistics showed that Big Labor's weekly income had more than kept pace with prices since 1941 (see chart below). Big Labor had won these gains at the expense of unorganized workers, old-age pensioners, and professional and white-collar workers...
Father Henry C. Wallace, a solid, competent editor and a good Secretary of Agriculture (he helped blow the lid off the Teapot Dome scandal), would test the talents of a Boswell. It is Grandfather (Uncle Henry) Wallace who steals the show. First a rebellious Presbyterian minister, later a farmer and outspoken farm-paper editor, Uncle Henry passed on his name but none of his sharp wit and little of his peppery common sense and talent for writing...
...doing. At least, the Rothermeres knew what they wanted: more zip and more readers for the Daily Mail (now 1,900,000), which has lagged far behind Beaverbrook's giant Express (3,700,000) and the tabloid, Labor-loving Mirror (3,400,000) since the Government took the lid off circulations. Hard-handsome, hard-talking, hard-drinking Frank Owen, once an eager Beaver-boy himself, seemed...