Word: lowe
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Dates: during 1940-1949
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...evening of Dec. 2, some 30 German planes came low over the town, dropped their first bombs short among the white stucco buildings. Wide-eyed, white-faced men and women clawed at the ruins, and in the town's few shelters fearful crowds wailed: "Madonna, Madonna...
...body armor developed for the Eighth Air Force (TIME, June 14) a new, lightweight protective helmet has been added. Like the flak suit, it is the invention of the Eighth's smart air surgeon, Brigadier General Malcolm Grow, for protection against low-velocity missiles: flak, spent bullets, metal torn loose by enemy gunnery...
What has happened to all the cheap textiles-the 98? dresses, dollar work clothes, 39? aprons, 25? socks? The dearth of these bargain-basement specials has graveled many a low-income shopper, and given many a housewife to wonder whether OPA is really succeeding in holding the line. This same question last week bothered Economic Stabilizer Fred Vinson. He issued orders to WPBoss Don Nelson and OPA Boss Chester Bowles to increase supplies of these inexpensive soft goods...
...paradox is that these low-priced textiles do not exist mainly because OPA has succeeded in keeping prices down. But OPA's victory has also been the consumers' loss, because manufacturers of "low-end" goods, between soaring labor and raw materials costs on one side and inflexible ceilings on their prices on the other, found themselves squeezed out of profits. Result: they largely quit civilian production-and "upgraded" the rest. Half of production went into military orders. The other half became "higher-quality" merchandise-sometimes a matter of adding as little as an extra color to a fabric...
With the doors and windows locked against it, inflation has thus been tunneling under the house, in a new manner. Low-income consumers do not benefit from a tight ceiling on a commodity that does not exist. But every union dues-payer knows that the lack of merchandise in the low-price brackets is a main factor in the cost of living...