Word: rising
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Dates: during 1940-1949
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...under Naziism were the industrialists and the new Nazi elite-for instance, Göring, the new Steel King. "The figures for total net profits for major industries show falling profits and share values from 1929 until 1933, when Hitler came to power, and from then on an unbroken rise. A member of the American Embassy once worked out a schedule for me to show conclusively that American capitalists pay more taxes per unit of income than German capitalists who are supposed to be fighting plutocracy...
Silent Flight. Somewhere above 1,000 ft., gliders are turned loose to soar, dropping a wing to lose altitude quickly, gliding downward to gain speed (which may reach 90 m.p.h.), or "picking up a thermal" to rise. Sometimes they even fly in formation. Another man-made addition to flight skill is the complete loop-the-loop, as exciting in a glider as in the oldtime barnstormers' crates. (Two pilots practicing a dog fight at Twentynine Palms -not a usual glider function -crashed and were killed when their wings touched.) A glider pilot, landing, keeps his plane balancing...
Thanks to a snappy rise in electric-power production, TIME'S Index rose to 174.6 (estimated) in the week of June 20, 0.6 point above the preceding week's final figure. Booming aircraft, ship and chemical plants in the Southern States pushed power output 18.8% over a year ago; on the Pacific Coast the gain was 17%. The U.S. total was up 11.7%. Steel production held close to capacity, although steelmakers said another scrap pinch was on the way. Carloadings dipped because of sharp declines in ore and lumber shipments...
Basis for this cheer was Leon Henderson's report that, from May 15 to June 2, living costs in 21 sample cities had actually declined one-tenth of 1%. It was the first time since November 1940 that the rise had been checked even momentarily. How long the ceiling can hold, with purchasing power soaring, with labor and farm prices uncontrolled, is another question...
Occasion for the Archbishop's stand was a Lords' debate on the question of granting allowances to big working-class families with small incomes. His own inquiries, said the Archbishop, had convinced him that large, low-income families need such aid, since the rise in living costs put them at a marked disadvantage and "in times of unemployment in many industries it was more profitable for a man with a large family to be unemployed than employed" (because of the dole...