Word: scares
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Dates: during 1950-1959
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...instructor, saw no combat. He had made up for it in Korea. Air Force men liked to talk about Joe's exploits- his trick of barrel-rolling when he came in for a strafing run, the time he attached a whistle to one of his wings to scare the enemy, thus earned his nickname. The story they liked best was the one about Joe chatting at the bar with a B-26 pilot who, not knowing Joe's record, was beefing because he had to fly combat two days in a row. "How many missions you got?" asked...
...seemed to mean that those who had taken advantage of scare-buying and jacked their prices this summer would get off scot free; and those who had postponed price increases as long as they could would be punished by a rollback. By the same token, the steel companies which raised their prices on Dec. 1 would be left alone, but manufacturers who raised prices on Dec. 2 to compensate for the steel boost would have to roll them back. Said one Chicagoan: "[Rolling] back prices in the face of higher costs must have been the system Mr. Truman used...
...Very interesting," Valentine said, looking menacing and mysterious. "Very interesting suggestion." Obviously, Valentine hoped to scare price raisers by threatening a price rollback. But it didn't quite come off-it only made clear that, at the moment, Valentine wanted to achieve by threat what he was not ready to achieve by deed...
Refusal. Next day, Alan Valentine got an answer to his first public move to scare industry into voluntary controls. He was soundingly slapped down. Ford's Henry Ford II had announced an average 5.5% price rise on 1951 models...
Consumers did almost no scare buying last week. The dollar volume of U.S. department-store sales was just about the same as last year, and the unit volume was probably below. Groaned one merchandiser: "We could use a little scare buying." Storekeepers guessed that those who wanted to hoard had overstocked in July and were now living off of their fat. And the rest of the consumers, said one merchant, were "all scared...