Word: long
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Dates: during 1940-1949
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...postwar peak. In early July, the Department of Commerce reported, unemployment had edged over the 4,000,000 mark for the first time since 1942. Though there were an estimated 59.7 million at work, more than in any year except 1948, in some areas there were long lines of the jobless collecting benefits...
Although President Truman, who appointed McCabe, has done plenty of talking about raising taxes, the FRB chairman's remedy was just the opposite. The big trouble now, said Tom McCabe, was that there was a great shortage of risk capital, although "such risk taking has long been an American tradition." Businessmen either did not have the cash or found investment too risky in the face of high taxes. The thing to do, he said, was to ease taxes on business and businessmen. McCabe recommended that Congress study the entire tax structure, and consider such changes...
Warren pinned most of the blame for overpayments on the Contract Settlement Act of 1944, which permitted Government agencies to settle contracts in full before final auditing by Warren's office. He had long advocated part payments, up to 75%, before final auditing. As it was, Warren had recovered $474,717 in "voluntary" rebates from overpaid contractors. More might have been recovered, he said, if Government contract agencies had rot "devoted their efforts to defending the excessive settlements." Last week, as Warren turned his evidence over to the Department of Justice for prosecution, Congress ordered an investigation...
...prove his point, Dobbs bought an airport restaurant back home in Memphis. Before long, his reputation for tasty, packaged plane meals enabled him to branch out to airports in 21 other cities, begin catering to 16 U.S. airlines. In San Antonio this week, he opens his newest airport restaurant, serving such Dobbs delicacies as rainbow trout cooked in almond sauce, and baked potatoes kept hot in metal foil. This year Jimmy Dobbs, 55, expects his airport restaurant gross to exceed...
Down to the Bone. In & out of the food business since he was twelve (when he sold peanuts & popcorn), Jimmy Dobbs had long considered it something of a sideline. His big business has been selling cars. A crack salesman at 26, when he made $13,000 a year, he borrowed $20,000 from his boss and teamed up with a hard-headed engineer, Horace H. Hull, to form a Memphis Ford agency...