Word: nip
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While the drop in agricultural products would nip farm incomes slightly, the drop in the cost of food would bring consumer expenditures nearer the balance they held before World War II sent spending on food v. industrial products soaring. As the food budget dropped, consumers would be able to spend more on industrial products. And in manufacturing, there was no sign of a letup in demand. In the kingpin steel industry, Big Steel's Chairman Ben Fairless reported his company had a 20-week backlog, one of the biggest in its history at this time of year. There...
CONTROLS. To stop future inflationary rises, the new Administration plans to rely chiefly on indirect FRB fiscal controls, which strike at the monetary roots of inflation, rather than wage & price ceilings, which merely try to nip the flowers. Republicans in Congress also want to keep direct controls - at least on some sort of stand-by basis. Eisenhower has a strong argument to persuade Congress to restore FRB's power to control installment buying, housing credit, etc. Since these curbs were removed in May, consumer credit has shot up $3 billion to $23 billion at year's end. Said...
Bloodhounds of Broadway has some fast Runyonesque patter and a couple of spry tunes. Mitzi Gaynor brings a pert personality and youthful sparkle to her singing, dancing and acting, while the dog stars, Mister and Blondie, a pair of bloodhounds cast in the title roles of Nip & Tuck, are a howl with their own particular brand of doleful dramatics...
...rest of the game was nip and tuck, featuring outstanding defensive play by both teams. Lowell goalie Paul Alpers saved the game for the Bellboys early in the second half with a diving save after he had gone almost 20 feet out of the goal. Alpers smothered the ball just as a Leverett man was about to kick in the tying goal...
...politics, Murray was more successful than Lewis. Roosevelt often called Murray over to the White House for a quick nip and an evening's bull session (but he could never get Murray into evening clothes for a formal dinner). Murray was not as close to Truman (whom he called "the little governor") but eventually got an embarrassing avalanche of help from the Truman Administration, which culminated in Truman's impetuous seizure of Big Steel (TiME, April...