Word: milepost
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Last July, for the first time, monthly outgo crossed $1 billion. By January 1942 the $2 billion milepost whizzed by. In April the figure was $3.2 billions; an incredible billion-a-week total is in sight. To maintain a 50-50 ratio between borrowing and taxing to meet war costs, Henry the Morgue faced the job of selling about $25 billions a year of Treasury securities. Notion Counter...
Last May U. S. business activity ended its minor early 1940 slump, began to turn up. During the summer, as recovery quickened with the defense program, more & more businessmen began increasing their inventory commitments, began thinking about plant expansion. By Labor Day, traditional milepost of the business year, business was rolling along, gathering boom momentum. A few chronic laggards remained behind. One was oil, the victim of a production war between the States. Another was cotton, practically shorn of its export markets, hopelessly overproduced for the market left to it. Another was corn, also export-dependent, whose only records these...