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This foreign hoard has piled up for several reasons: while the U.S. has been Lend-Leasing goods and weapons to some nations, it has had to plunk out cash to import huge quantities of raw materials and stockpile supplies in foreign countries. Another drain on the U.S. is to the 6,000,000 U.S. servicemen abroad. Although the U.S. is now exporting $14 billion in goods a year, the Board pointed out that only some 50% of this is for cash. The rest is Lend-Lease. In fact, excluding Lend-Lease operations, the U.S. has had an "unfavorable" balance...

Author: /time Magazine | Title: FOREIGN TRADE: Hoard of Gold | 12/4/1944 | See Source »

...worker, traditionally the forgotten man of labor, was remembered last week by the War Labor Board. WLB granted a wage raise, averaging $2.85 a week to 14,000 agents of the Metropolitan Life Insurance Co. The raise is retroactive-in some instances, to October 1942. Altogether, the company must plunk down approximately $860,000 in back...

Author: /time Magazine | Title: WAGES: White-Collar Victory | 10/2/1944 | See Source »

Salvos of Mercy. The hillside took an awful going-over that day & night. There were many more wounded. U.S. shells also began to fall plunk in the battalion's lines. But the big 155-mm. projectiles did not explode. They were salvos of mercy: smoke shells stripped of powder, cotton-packed with sulfas, plasma, morphine...

Author: /time Magazine | Title: World Battlefronts: A Hell of a Nerve | 8/21/1944 | See Source »

...back taxes, $400 in income taxes; bought a seed drill, a wind charger, a secondhand Ford, an electric cream separator, a washing machine, an electric iron and a radio; surfaced the road leading up to the highway. He still had money left to buy war bonds and plunk in the bank...

Author: /time Magazine | Title: NORTH DAKOTA: The Good Years | 4/3/1944 | See Source »

...thirds of the workers who have moved to Portland in the last three years, 25,960 intend to remain there, dark outlook or no. As their postwar project No. 1, they plan to plunk their savings into buying a house or land. To help provide jobs, Portland is already planning a grandiose $75,000,000 public works project. On this, proud Portlandians got another shock. Half the workers had never heard of the project...

Author: /time Magazine | Title: Two Shocks in Portland | 3/6/1944 | See Source »

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