Word: prices
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...conviction of defeat was strongest among the educated, the influential, the rich. The peace-at-any-price tide welled right up to the door of Chiang's study. His indomitable will directed China to go on fighting, but in the absence of the people's confidence, one man's will was not a resistance...
...inflation 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...
...high food prices were not likely to decline so long as the high support prices for farm products were continued. In its nearly 30-year history, the federation, strongest U.S. farm lobby, has always gone down the line for price 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...
Their main target was the Hope-Aiken Act (TIME, June 28), under which the Government is free to lower price supports from 90% to 60% of parity after 1950. Led by Georgia's white-haired H. L. Wingate, the Southerners fought a three-day battle behind closed committee doors for a resolution urging Congress to repeal the Hope-Aiken Act, keep price supports at 90% of parity...
...reason for this year's big kill was a spectacular drop in the price of fox furs. Pelts that brought as much as $32 apiece before the war were selling this fall for as little as $12. Nieman, who figures it costs him about $30 to raise a fox to maturity, stood to lose $18 on each pelt he sold this year...