Word: silver
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Dates: during 1940-1949
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Secretary Perkins, stout defender of the 40-hour week, cautiously suggested that a 48-hour week might be necessary. But much more far-reaching was a plan sent to the White House by silver-thatched Paul McNutt...
...silver night, the men and their machines were on their way across. Not a single enemy plane was overhead to make things messy. The men were of many nations-Australians, Scottish Highlanders, English regulars, bearded Sikhs, wiry Gurkhas, Malayan militiamen-but they were of one mind. They had their single mind on the question of how to hold this crafty enemy...
...Nickels, now one part nickel and three parts copper, will be coined half of silver, half of copper. Net saving on a year's new coinage: 434 tons of nickel, 434 tons of copper. (The Senate Judiciary Committee last week approved a bill authorizing this change...
...make these metal savings, since the paper profit it makes through seigniorage will be less. In 1,000 of the current brand of nickels (monetary value $50), the cost to the Treasury of the copper and nickel is only $2.05, yielding a seigniorage of $47.95. In the new silver nickels-thanks largely to the Treasury's own policy of paying 71.11? per ounce for newly mined U.S. silver-the metal will cost $38 per thousand, yielding only $12 seigniorage. But the silver would be bought and buried anyhow. So in real money the Government will save a little...
...conducts heat some 200 times better than silver and copper, best thermal conductors hitherto known...