Word: rental
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Dates: during 1930-1939
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Twice recently I have heard the story which seems to be going the rounds that our Government is paying an exorbitant rental for the land where our World War dead are buried in France. If the rent is not paid promptly, so the story goes, France has threatened to get rid of the bodies by the use of quicklime...
First boom signs: Penguin Books (6d.) were swamped with orders. Book clubs and rental libraries reported big new enrollments. Large stocks moved to libraries for evacuated children, army camps (favorites: Gone With the Wind, Northwest Passage, Anthony Adverse, the Bible). A brisk trade was reported in German dictionaries, purchased by British soldiers who, they said, want to be able to read the signs to Berlin...
Operation & maintenance (cleaning, repairs, power, equipment, rental, promotion...
...Ratified (65 to 15) the long-delayed new treaty with Panama,* clarifying the U. S right to defend the Canal, upping Canal Zone rental from 250,000 to 430,000 balboas per annum. One balboa equals the gold value of one Roosevelt dollar (59.06?). The effect: Panama won her demand to get her canal rent from 1934 in old (100?) dollars instead of devalued (59?) dollars, became the only creditor on whom the U. S. has not succeeded in welching by devaluation...
Private capitalists such as President Henry Bruere of Bowery Savings Bank (Manhattan) and Board Chairman Frederick H. Ecker of Metropolitan Life Insurance Co. stepped before the committee to suggest, politely, that the Government has gone far enough with low-cost Housing in the rental field, since that is the field (as distinct from the home-owning field) into which large private capital seeking profit might go if encouraged...