Word: term
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Dates: during 1940-1949
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...When Franklin Roosevelt made his frontal assault on the "nine old men," Hughes reacted, in public at least, with Jovian calm. But he quietly and effectively fought F.D.R.'s effort to pack the court. When Roosevelt stood before him to be sworn in for a precedent-breaking third term, Hughes whispered through his beard: "Franklin, isn't this becoming a trifle monotonous?" A few months later, at 79, he resigned as Chief Justice and retired to a quiet life of quiet honors...
Eight months later, at the expiration of the gubernatorial term, Earl was out of the statehouse. The reformers, led by an unknown young attorney named "Sad Sam" Jones, were in at last. Sam Jones streamlined the government, set up civil service, and spoke of getting payrolls and industry for the state...
...been patiently raising cattle in Winn Parish and mending political fences-set boldly out to get the governorship again. He talked an oil millionaire named William C. Feazel into backing him. (After election he sent Feazel to the Senate to fill the late Senator John Overton's unexpired term, made Feazel's attorney, Seaborn L. Digby, chairman of the Conservation Commission, which decides how much oil may be pumped from wells...
...payment on new or used automobiles and 20% on most household goods, payment of the balance in 15 months (if less than $1,000) or 18 months (if above $1,000). Meanwhile the trend toward higher interest rates, which the Treasury and FRB had started by upping their short-term and rediscount rates, continued; the Chase National Bank raised its rates on call money (brokers' loans) from...
...intentions were toward deflation-just a little deflation. Treasury Secretary John Snyder upped to 1¼% the 1⅛% interest rate on short-term Government bonds. lie expected, rightly, that banks would follow the example and raise interest rates, thereby curbing the inflationary expansion of credit. By midweek, some bankers announced plans to boost basic lending rate from 1¾% to 2% (for borrowers with the highest credit rating) and to adjust other rates accordingly...