Word: limit
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Dates: during 1940-1949
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...farmer was spending his money wisely. The bright sky might be the limit for what some would pay for a tractor or slightly used auto on the black market. But most of the farmers' spending was going into better living-running water, bathrooms, electricity and appliances, kitchen labor-savers. Nothing was too good; some farmers were buying airplanes and putting landing strips in their fields. Kansans were reaching for more land, as they always had in prosperous times. But now they were paying mostly cash; Kansans remember all too well the disasters of mortgage foreclosures in the early...
Planting Time. It had been a whopping year. But in a literal sense, the sky might turn out to be the limit of such prosperity. It was much too bright. Last week was two weeks past the time to plant winter wheat, but the soil was hard and dry; there was little of the subsoil moisture that makes for banner crops. The last good sod-soaking rain had been in September's first week. From the north Texas and Oklahoma wheat plains came disturbing news: planting was far behind schedule; some farmers were seeding dusty fields. There were...
...price rise in cocoa in recent weeks had outstripped every other commodity. Decontrolled by OPA at 14.95? a pound, December cocoa had soared to 35.45?. Last week, after rising the legal limit each day for seven days, it got to 42.25?. Spot deliveries were quoted at 49?, a whopping 900% above 1939-3 price...
Next day the market was thrown out of gear with a resounding crash. A flood of selling started when the market opened. By the close, corn and soy beans were down 8?, their daily legal limit; wheat fell 6 to 8¾?. Even wholesale meat prices slipped, along with livestock prices. One thing that had finally frightened the speculator into panicky selling was a decision by the Federal Government to cut purchases of grains for November export by some 50 million bu., 42% below the July-October level. And traders who had expected frost to nip the short corn crop...
Both they and the Reutherites argued that the plan was inadequate; the Ford company could discontinue it in two years if it wished, though anyone pensioned in that time would continue to get his pension for life. (The Ford company said the two-year limit was set only so that it could make any changes found necessary after the plan was operating. It had no intention of dropping it in the future...