Word: million
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Dates: during 1940-1949
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...House has passed eleven regular appropriation bills totaling $32.8 billion, has snipped $1.8 billion out of the President's budget. But this does not include some $4 billion more of House-approved contract authorizations ($500 million more than the President requested), which permits obligations to be incurred against appropriations to be made later. The Senate has passed six of the House bills, has already restored $408 million of the House cuts...
...Last week, for $5,250,000, husky, handsome Charles Edouard de Bretteville, 36, and associates announced that they had picked up the choicest pieces of the disintegrating J.D. & A.B. Spreckels companies, a sprawling empire founded by bearded Claus Spreckels in 1863, which once held some 50 companies worth $60 million...
...their $5¼ million, De Bretteville and friends got assets which they estimate at $10 million. Among them: ¶Half-interest in the Spreckels Sugar Co. with its three California beet-sugar plants (including the nation's largest), and its 14,000 acres of land, most of it in the rich Salinas Valley...
Wheat Deal. Under pressure of the second largest wheat crop on record, the U.S. ratified the international wheat agreement (TIME, April 4), which gives U.S. farmers an annual export market of 168 million bushels for four years. The wheat pact, which will cost taxpayers an estimated $84 million in subsidies to farmers for the first year's exports (because export prices will be lower than domestic support prices), goes into effect July...
Died. Colonel Harry Cooper (ret.), 52, onetime Secret Service agent (1921-42) and part-time personal bodyguard to four Presidents (Harding, Coolidge, Hoover, Roosevelt), wartime provost marshal in the CBI theater who uncovered a $10 million air-smuggling ring operated by Army Air Forces men and local racketeers; by his own hand (.45-caliber automatic); in Baltimore...