Word: present
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Dates: during 1940-1949
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...ahead for the U.S.? Or a price-lowering recession? The Administration, along with many businessmen, could not agree on a forecast. Secretary of Commerce Charles Sawyer thought the danger was inflation. In a report to President Truman, Sawyer asked that the new Congress extend the waning life of all present business controls (on exports & imports, scarce metals, etc.). He clearly indicated that he would also like some potentially stiffer "standby" controls...
...demand for many items had just about run out, Snyder thought that severe shortages in steel and steel products plus a demand for new products would probably take up the slack that was appearing. The economy, said he, showed "encouraging signs of stability in the vicinity of the present high levels...
...supports and for guaranteed markets. Congress had seldom failed to heed its cry. This year it was the Southern cotton and tobacco growers who came out strongest for keeping farm support prices as high as possible and for extending them to commodities that are not being supported under the present law (e.g., fruits and vegetables...
Subtraction. The Railroad Commission of Texas, which governs state oil production, ordered oil men to cut output 10% in January. The reason: estimated demand in the first quarter next year will be 190,000 bbls. a day below present levels...
...which still holds a minority interest. There were strings tied to Beaunit's deal: it may not turn the two companies' rayon yarn into any products made by Beaunit (last year Beaunit made a net profit of 14.4% on $41 million in sales). Also to protect present customers of North American and Bemberg, OAP insisted that the companies continue to supply the customers with yarn for the next five years...