Word: lowe
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Dates: during 1940-1949
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...Petroleum deposits lying between the ocean's low-tide mark and the three-mile limit. For several years control of tidelands oil has been a hot federal-state controversy. A federal suit to obtain title is pending in the Supreme Court; a bill to give title to the states is pending in the Senate...
Julius Renter's monopoly, fattening on low cable rates, brought him power, fortune, a baronetcy from his native Germany. His son's suicide in 1915 ended the dynasty and brought Reuters up against a crisis. While it wobbled, shrewd, sparrowlike Roderick Jones, a Reuter man from South Africa, stepped in and bought up the shares. As Britain's propaganda minister in World War I, he won a knighthood, saw that his agency toed the empire line...
...suspicious, and convinced that most manufacturers are profiteering from G.I. amputees, Stiles explained his own motives : "This is not a money-making thing at all. I just want to provide them for veterans on a low-cost-plus basis...
...trouble was price-specifically, OPA's Maximum Average Price plan. Under it, high-priced goods cannot be sold unless balanced by enough low-priced goods to bring the manufacturer's average sale price to his 1943 level. Some shirt and suit makers had made high-priced items, because the profit was greater on them. Now, they said, they could not buy fabrics to make low-priced items, thus could not sell their goods to retailers. Their solution: abolish...
...Otherwise, Tufts held a slight edge in marksmanship from the floor. Left forward Bob Burbacher was high scorer for the losers with 20 points, while his more publicized teammate and captain, Bob Skarda, was second with 19. Key man in their offense, however, was lanky Ken Barnhart, despite his low scoring total of only 4 points...