Word: maximum
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Dates: during 1940-1949
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...Installment terms were tightened to a maximum payment period of twelve months (v. 15 months before), a minimum down payment of 33⅓% (with a few exceptions), an absolute minimum of $5 in monthly payments...
...terms of most railroad employment still include the man-and-dollar-wasting practices known as featherbedding. These intricate Railroad Brotherhood rules, devised when railroad traffic was shrinking, are aimed at making work and keeping a maximum number of men on the payrolls. Though obsolete and wasteful now, featherbed rules are a sacred cow in labor politics. Few railroad presidents dare monkey with them...
...political bargain was struck. The Government dropped its electoral-reform scheme, extended the term of the current lower house for a year, promised not to press legislation which would have increased Japan's economic totalitarianism. In return, the Diet agreed to pass huge military appropriation bills with maximum speed and without adverse comment...
Coverage. Scarcely a retailer but had to worry about some parts of the General Maximum Price Regulation.* It applied to almost every article sold. Listed by name were some 170 "cost-of-living commodities' so strategic that stores are required to post their ceilings not only with OPA but also where their customers can see the figures...
...sounded fine and patriotic that industry should fall over itself to avoid making profits. It also served the useful purpose of making wage and farm price controls more politically palatable. But it ducked a burning question: can industry achieve maximum production and efficiency, can the U.S. get the most goods at the lowest cost, if the U.S. denies business rewards for proficiency? And can free enterprise survive for long without...