Word: prospect
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Dates: during 1940-1949
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Localized Zigzags. Li, Ho or Fu (or any other successor to Chiang) would have great difficulty uniting the Kuomintang behind him. The mere mention of their names brought closer the prospect of regionalism. A trend toward decentralization has already set in, partly because the Gimo has had to rely on trusted local commanders in remote areas to equip and organize their own commands. In North China, local authorities have been buying arms for militia forces independent of the Central government, and the use of silver dollars (banned by the Central government in 1935) has spread. In Manchuria, General...
Then the President swung with his other hand. Reading emphatically from a prepared statement, he blamed Congress for taking "no effective action on the proposals which I have submitted to curb high prices and to protect the average American citizen against the certain prospect of increased living costs." Said the President: "Our people will not be satisfied with the feeble compromises that apparently are being concocted...
Grain Prices. Despite the prospect of improved crops abroad, the U. S. Government raised its 1948-49 grain export goal to a near-record 450 million bushels, 20% more than six weeks ago. Skidding grain prices did a quick turnabout, with wheat at one time rising as much as 3? a bushel, corn rising...
...midyear report last week, the President's Council of Economic Advisers hailed the prospect of bumper crops as the one strong force which "should be of signal aid in checking of inflation." But was it? Thanks to the farm bloc and the Government crop-support program, the answer seemed likely to be no, at least for months to come...
...With the prospect that this attentive audience would soon reach major proportions, advertisers who have been hanging back have hastily changed their minds. The monthly Television reported that the number of TV sponsors at latest count was 374, up nearly 60% in a year. By fall, Young & Rubicam expects to be handling more television than radio shows in New York City. In urging its own clients to buy television time, Lennen & Mitchell warned: "It is quickly becoming a case of jump in or be left...