Word: slacked
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Prices Down. Many a businessman was beginning to realize that the way to get consumers buying more again-and start up production in slack lines-was to make some more price cuts. Last week Lew Hahn, general manager of the National Retail Dry Goods Association, put this feeling into words...
...Rope Went Slack. Down the dark opening, her mother heard Kathy crying, tried to find out her position. "Kathy, Kathy, is your head up?" she called. "Yes, it is," Kathy sobbed. "Is your head down?" her mother asked. "Yes, it is," came Kathy's voice, thin and frightened. Then there was only the dismayed crying of a child beginning to realize that her mother was not going to make everything all right...
Facing newsmen at an open-air press conference in Key West, suntanned Harry Truman seemed as cool and casual as his floppy blue slack suit. For the time being, at least, the President just wanted to forgive and forget...
...said, "if it works in household industries during slack times in the farm season...
What little slack there was suddenly disappeared. Industrial production moved up again; the National Industrial Conference Board's consumers' price index shot up to the highest point in its 34-year history; employment, which had been holding steady, began to climb; in July it reached an alltime peak of 61,615,000. The labor shortage, in the words of one depressed Chicago personnel manager, "is worse than steel." And the U.S. had its first $1-a-pound roundsteak...