Word: tailspinning
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Dates: during 1940-1949
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...last spring snatched 160 airline-owned transports, put them into military service. The news: super-secret meetings had been held at the White House to plan a tremendous expansion in worldwide air routes, try to iron out some of the grave questions which have U.S. airline operators in a tailspin. Besides President Roosevelt the conferees included members of the Pacific War Council (with tall, gaunt Lord Halifax representing Britain), top-drawer officials from the State Department and the Army-Navy air-cargo divisions, a handful of U.S. airline operators, headed by smart, suave Pan American Airways President Juan Trippe...
Toast of the Town. Hospitable Logansport went into a tailspin over its newfound heroes. First they were sent to a local restaurant with a blanket order for all they could eat. The Deputy Prosecutor, Kenesaw M. Landis II (nephew of the baseball commissioner), who had questioned them, took them home with him. The Elks gave a dance in their honor. Members of the American Legion, Veterans of Foreign Wars, Elks, Eagles, Knights of Columbus and Rotary Club got together to plan a giant shindig...
...months ago, the Battle of Flanders sent the New York Stock Exchange into a tailspin, forced the Dow-Jones industrials average to its lowest point since 1938 (111.84). Result: many a U. S. corporation that had planned new financing ran for shelter instead. The capital market crouched for a long, scared wait...