Word: pounded
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Dates: during 1930-1939
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...rearmament. Last week Banking declared that it would be a "Business stimulant of first importance in the immediate future." Like all spending, the blessings of rearmament are short-lived. It helped England for a year but last week England's plight was reflected in the fact that the pound sterling was under such pressure that the price of gold in London went to the highest level in history ($34.70). There were persistent rumors that further devaluation of the pound was the only recourse-and when Britain left the gold standard in 1931 the U. S. suffered 18 months...
When Playwright Shaw asked Pascal how much money he had, Pascal replied: "Fifteen shillings and sixpence-but I owe a pound." As much delighted with this effrontery as with Pascal's obvious admiration for his work, Playwright Shaw gave him a pound to pay his debts, agreed to the experiment. With Shaw's approval for his project he had little trouble getting as much as he needed. He assembled about $250,000-less than Hollywood spends on most quickies. He hired Screenwriters W. P. Lipscomb and Cecil Lewis to write a scenario, rented a studio...
...lucubrations of theorists: the negative proton and the neutrino. Some of these little entities were charged with positive electricity, some with negative; some were electrically neutral or inert. Some were "heavy" or massive in relation to others-the ratio being about that of a ton to a pound. The physicists wound up. for the time being, with a nicely balanced table of discovered and hypothetical basic particles of matter, as follows...
Trouble-shooter Davis could do nothing to stop the sickening fall of rubber from its 1925 high of $1.25 a pound to 2⅛? a pound in 1932, but he could do a little to lighten the effect of huge inventory losses on his company. He did it by slashing his inventory and accounts receivable (i. e., by selling part of his business) and the proceeds he applied to reducing the funded debt, thereby saving interest charges. While the deficit piled up and stockholders gave up, he wiped out $40,000,000 of that debt in three years. Meanwhile...
Chairman Charles offers other reasons. For one thing the nature of the business was germane to boom times, not bad times. Delivering a jar of caviar to goth Street was all very well; not so a loaf of bread, a pound of coffee. And chains-with low overhead, mass purchases and many good standard brands-cut in plenty...