Word: lowe
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Dates: during 1940-1949
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Solution of a war inflation by severe taxation of the low-income groups would be a grave error. To begin with, it would tend to place an unfair proportion of the burden on this group, and furthermore it would prevent the building up of that large reservoir of purchasing power which is so essential to a healthy industrial economy after the war. Compulsory saving is clearly the method that should be used, for it not only solves the present problem of inflation but the post-war problem of purchasing power as well. If the great mass of the people emerge...
Leaving Sullivan in the 1890s, Wright rapidly evolved a style of his own, a spacious, low-slung type of building, whose simple planes and monolithic unity of design were to remain constant features of Wright houses for many years. A tireless experimenter with new materials and bold forms, he invented and evolved new structural uses for everything from concrete to plywood, built houses that challenged every conventional rule of the architect's art. By 1910, his new ideas had spread from suburban Oak Park, Ill., where he lived, to Holland and Germany, where a whole school of modern architecture...
...this record Morgan Stanley hurdled the worst possible underwriting hazard: a sorry stockmarket. Same day as the American Tobacco offering, the Dow Jones Industrial average slumped to an eight-year low...
...smelters who hold no priorities, almost any kind of steel scrap is worth almost any price. No. 1 bootleg method is to "upgrade" a load of low-grade scrap with a thin top layer of good scrap, sell the whole thing at the top limit for good stuff, exchange winks with the buyer...
Rubber companies ask to be excused for the limited tire production resulting from their unfamiliarity with new-low grade materials which is formed in relatively few molds used 24 hours...