Word: lows
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Dates: during 1950-1959
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...million on direct loans to veterans; the House bill calls for $300 million. The Administration flatly opposes both, argues that a better way to help the VA program is to boost the indirect rate ceiling on VA loans, currently pegged by law at 4¾%, which is too low to get veterans mortgage money, to 5¼%, where financing is more readily available. Congress has agreed to the boost but as part of packages that include the millions for direct loans...
...week he was once again proving this in his most ambitious project: Salton City, 150 miles southeast of Los Angeles. By the desert's curious standards, Salton City is something of a bargain. Though the summer heat is high (up to 125° F.) and the land is low (234 ft. below sea level), there is water and there is a major highway (U.S. 99). By car and plane, buyers hustled to the sun-struck sands and low-lying, spiny, green clumps of greasewood along the shores of 30-mile-long Salton Sea. There they plunked down $1.2 million...
...lured more and more Californians into the desert, building them houses on the lots he sells. At his Hesperia development at the foot of the San Bernardino Mountains, the population grew from about 700 in 1954 to more than 4,000 now. Acre lots that sold for as low as $795 four years ago are now worth $6,000. His Edwards Estates at Edwards Air Force Base and Mountain View Estates at Victorville have grown from sandy wastes to thriving communities...
Battery Booster. For motorists whose batteries run down in winter from too much low-speed, nighttime driving with heater and defroster, Consolidated General Products of Houston announced a generator overdrive to help charge the battery. At low driving speeds the overdrive speeds up the generator, cuts back at regular car speed. Price...
...Black Orchid (Ponti-Girosi; Paramount) is a sort of Marty-come-lately, inspired by one of the less startling of sociological discoveries: poor people are human. From this premise the moviemakers have deduced the facts of low-budget life as presented in this film: 1) poverty is cute, 2) stupidity is lovable, 3) sentimentality is feeling, 4) hard work never killed anybody, 5) suffering is actually good for people, and 6) anyway, there is always...