Word: lowing
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Dates: during 1940-1949
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Your article on Washington society is both interesting and informative; however, the footnote explaining the official order of precedence in seating fails to mention the position of former Presidents. I know that Republican stock (for that matter, stocks in general) dropped to a new low on Nov. 2nd, but I did not know that it had dropped to the point where former Presidents ranked below former Vice Presidents...
...crisp Acheson script. "It is interesting," she pointed out, "that both General Marshall and Dean Acheson write a firm, left-slanted writing. Both are reserved men, clear, swift thinkers, and strong willed . . . Dean Acheson has the added gift of intuition, shown in his quickly written, disconnected writing ... Low capitals indicate a modest man . . . he is also extremely literary. This is a cultured writing in the finest sense of the word...
...damage the low, thatch-and tile-roofed houses of the Japanese village of Saga, in the Honshu countryside 60 miles northwest of Kyoto. But in peaceful Saga (pop. 2,500), as everywhere in Japan, the defeat shook the complex structures of Shinto and Buddhism which had served most Japanese as religion...
...news. The Federal Reserve Board cut the cash required for stock purchases from 75% to 50% of the stock price, the first margin reduction in over two years. FRB said it was relaxing margins "in the light of the general credit situation"; credit on stocks was near an alltime low. In effect, FRB was saying in another way that the danger of inflation was about gone...
...million bushels of wheat a year for five major wheat exporters-the U.S., Canada, Australia, France and Uruguay. It would permit 37 importing nations to buy at a price of $1.50 to $1.80 a bu. for No. 1 Manitoba wheat at Ontario ports the first year, and as low as $1.20 a bu. in the fourth year. (This rate would allow a maximum of $1.98 a bu. at U.S. Atlantic ports...