Word: thawed
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...years' time, the gadget-laden U.S. householder will be able to do almost everything but change the baby with the flick of a switch. So predicted General Electric's Vice President W. V. O'Brien last week. Electronic devices will thaw frozen foods, cook them in a matter of minutes or seconds; electric incinerators will burn up the waste. Heat pumps (for both heating and cooling homes) will mushroom from the few thousand now in use to 500,000. There will be television screens that hang like pictures on the wall, connected to the set only...
...income taxes. But the builders managed to beat the game by treating their windfalls as capital gains, which were not taxed so heavily. Only momentarily outsmarted, Congress, in 1949, passed an act freezing the windfall assets for a three year period. But by 1952 the frozen assets began to thaw, and the builders began to collect...
...predominate, but almost two-thirds of the sales were first mortgages. More than 1,400 buyers and spectators jammed the room, and, all told, mortgages with a face value of $964,200 were sold for $821,045. Banks that felt overloaded with mortgages and private holders who wanted to thaw out assets were glad to sell at discounts (but did better than by private sale). The auction went so well that Lawyers Mortgage plans a second sale early next month, may hold as many as two sales a month thereafter. As commission, the company takes...
...January thaw has passed. Temperatures in Boston may drop to 12 above zero today as arctic air floats down south and east over the continent. Northern New England may shiver with 10 or 15 below readings...
...Word for It. Something, in fact, was happening to the cold war, but no one had yet found the right word or phrase for it. Some called it an easement, others, a thaw. Many, including Prime Minister Churchill and Pravda editorial writers, preferred to speak of "relaxation of tension." The Italians talked of distensionse. No phrase yet minted combines both the reality and the illusion of the moment: the reality of the new Russian regime's need to relax tension, and the Communists' manipulation of this need. Reality and illusion have a rendezvous date: Jan. 25 in Berlin...