Word: rates
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Dates: during 1940-1949
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...This correspondent, who mingled considerably during the war with these agents, never found a stone wall between him and a check in bar or restaurant; never was offered a free airplane rate to places of appointment, for purposes hymeneal or otherwise, with expenses paid end to end; and never was a guest at a nightclub gathering, or saw one in Washington. No war contractor's agent ever offered this correspondent a gay evening in the hope of getting a helpful piece in the paper...
...Rebuttal. Industry's argument against the expansionists is based on the economics of production. Because of the scrap shortage, the industry cannot even maintain full use of its present capacity. But the current 85 million-ton production rate, industry points out, is 20 million tons greater than the 1929 "peak prosperity" year. The present steel shortage is largely due to demands that accumulated during the war and that, once satisfied, will slack off. Moreover, the shortage would be intensified by removing from present supply the five million tons of steel it would take to build plants to produce...
...matters now stand, the number of room applications exceeds the expected number of vacancies by 154, with room requests coming in at the rate of over 20 a week...
...Paris flew Sir Stafford Cripps for a conference with U.S. Under Secretary of State Will Clayton on the leftovers of the U.S. loan. The shocking fact: if Britain keeps withdrawing funds at the present rate, nothing will be left by September. Two of the loan's agreements add to the-dollar drain: 1) the "nondiscrimination" clause, which forces the British to buy goods in the U.S., for dollars, which they might get elsewhere more expensively but for pounds; 2) the "sterling convertibility" clause, which forces the British to convert into dollars some of the sterling credits held by foreigners...
...midyear economic report to Congress, is one of the temporary props under the U.S. economic system. Last week, the Department of Commerce released figures showing that the prop had begun to buckle. Since the war's end, exports had been steadily increasing until they reached a rate of $17 billion a year. But in June they suddenly sagged 13%, the first big postwar decrease...