Word: swallower
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Dates: during 1940-1949
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...even that situation would be economic ambrosia compared to the potion we would have to swallow when the war is over and the government expenditures sag from something over fifty billions of dollars to a meagre ten billion. The big post-war problem will be filling in that forty billion dollar gap. Unless there is enough private investment and consumer spending to fill it in, we will experience a gum-shoe stagnation that will make 1929 look like prosperity without the corner. We won't be able to fill it in unless new outlets for investment are opened...
Jallez comes in by way of Odessa. Romains' account of the run-around the Russians give him is as icily slick as the run-around itself. But his reporting of the famine is harder to swallow whole. The drought and the European blockade, Jallez finds, are far less responsible for the famine than the subhuman corruptness of the local officials. This and other arraignments, just or not, are set down in much too general and unqualified terms. But the volume ends with much, obviously (and as usual), still to be said...
...that Americans had something to work for and give for, they worked and gave as they had in pioneer days when the wilderness tried to swallow them up, in Civil War days when the Union would have fallen apart without them. Thousands rushed to enlist (see p. 8). Other thousands helped in other ways: > At the Treasury in Washington so many gifts of money arrived that clerks worked overtime to acknowledge them, had no time left to tot them up. One man sent $100 he had won at a movie bank night. A hairdresser sent an entire...
...biggest merger in U.S. aviation history last week got off to a fast start. Not a minnow, but a pickerel of an industry began to swallow a whale. Vultee Aircraft, Inc. announced that it would buy the 440,000 shares of Consolidated Aircraft Corp. common stock now held or controlled by Consolidated's president, Major Reuben Fleet (TIME, Nov. 17). The price: $10,945,000, equal to $24.88 a share and less than 50? below the stock's alltime high. After formal contract signing in Consolidated's huge San Diego plant, Vultee's President Richard...
...makes the picture hang together and follow the book so carefully. Charles Coburn is closer to Harvard, as Harry Pulham's father, than any one else in the cast. The drawbacks of the movie are few, however, and although some Harvard graduates may wince once or twice, America will swallow it all and love...