Word: money
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Dates: during 1940-1949
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...years ago, when municipal employees demanded $5,000,000 in wage raises, Philadelphia's bosses made a fright ful mistake. They passed the buck to a committee of fifteen prominent citizens. Instead of sportingly recommending tax boosts, the committee proposed that the city simply save the money by operating more efficiently. It began investigating municipal affairs to find out how it could be done...
Southern Californians in their teens and twenties had taken to jalopies and hot rods. The thing to do was to buy an old car, preferably a '32 or '33 Ford and strip it down to the essentials. With a flair for mechanics and enough money ($1,000 to $2,000), a kid could go on from there, transform his jalopy into a well-engineered hot rod, complete with extra carburetors, lightened flywheel, supercharger and five to ten coats of glistening lacquer...
...right now." The rest of the team was clicking. Coaltown, whose efforts included a world-record mile-in 1:34-had the handicap division over a barrel; Kentucky Derby-winning Ponder, runaway victor in the recent $66,150 American Derby at Washington Park, was the nation's top money-winning three-year-old. If anybody mourned Citation's absence, it was the gloom-mongers who seemed to take morbid satisfaction in predicting that Citation was all washed up and would never race again...
...protect themselves, in case of devaluation, from losses on goods ordered at the old rate of $4.03. The speculators had simply gambled on a fast profit. They made it. They had been able to sell short by putting up margins of as little as 25%, thus doubling their money. No one knew how big the short position in pounds had been. (One Briton gave the ridiculous estimate of ?2 billion.) But it was large and the profits ran to millions...
...best conventional airliners in the world. It left that to the U.S., which in wartime had concentrated on bombers and transports (easily convertible to commercial use) while Britain bore down on fighter production. Instead, the British, who had led the world in developing jet engines, put their brains and money to work on jet transports, which they hoped would some day make current U.S. airliners obsolete...