Word: overnights
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Dates: during 1950-1959
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...Overnight, Maria's clothes crisis became another front-page sensation. The fellow-traveling Avanti jumped at the chance to twit church papers: "[They] are evidently discontented with God, for they seek to change His creations." The nationwide hoopla was too much for Maria, and she refused to appear in a specially fashioned dress. Turin...
...last resort, not used since 1951, the Fed can make the 6,502 banks in the Federal Reserve system raise their minimum reserves, which now average 16% of loans, thus drastically cutting their lending ability overnight. (The FRB can also reverse this process when recession threatens; e.g., it opened the door for a $9.6 billion credit expansion by lowering reserves...
Tobacco Money. A realist who knows his history, Martin is well aware that he could overnight become the scapegoat of slump. In the crisis-stained chronicles of U.S. finance, bankers have been crucified on crosses of gold, silver, paper and every other substance used to back currency. From early colonial days, when they had to ship scarce gold and silver abroad to pay for imports, Americans chronically lacked sufficient backing for stable money. Virginia in the 17th century used tobacco for money (top-grade weed was worth 3$. a lb.), but was plunged into inflation by citizens' cash crops...
...great pictures instead of settling for good ones. Result: both sprinted too far too soon, and had to sit out their later years. Vanderlyn tasted glory first, when his grandiose Marius Amid the Ruins of Carthage caught Napoleon's eye. "Give the medal to that!" the Emperor ordered; overnight the American became a cynosure at the French court. When Aaron Burr came penniless to France after his trial for treason, Vanderlyn was able to repay Burr's former generosity in full, supporting his patron as he himself had been supported...
...admits that no one has any evidence that an antimatter universe has ever so tampered with the known universe. In fact, man does not now have the evidence-or the tools-to prove or disprove the anti-universe theory. "This is not the kind of debate that is settled overnight," Goldhaber said last week as his fellow scientists began to grapple with his science-fictionlike hypothesis. "I'm only asking a question, not making a statement...