Word: tobaccoed
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Dates: during 1940-1949
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Despite all the no smoking signs around the College, over a $1,000,000 of the endowment is in voting stock of tobacco companies like Philip Morris, P. Lorillard (Old Gold), and American Tobacco (Lucky Strike...
...years. To make this even more attractive, the concocters provided that federal wartime subsidies (paid to keep consumer prices below OPA ceilings) should also be tossed in the weighing pan, together with the cost of hired farm labor. This parity formula would give better prices to livestock and tobacco raisers. But it might not work for everything. So Congress thoughtfully provided that for the next four years, if the old formula provided a higher support price for any basic crop, that was what the farmer...
...peanuts-the bill extended the present 90% parity support through another year. This would fall to 80% in 1951, to 75% the following year. But in either year the Secretary of Agriculture could set support prices above these figures at his own discretion, up to the magic 90% level. Tobacco, the sixth basic commodity, got support at 90% in perpetuity, or as long as the law is unchanged...
Despite his shyness, he is a crack salesman who throws no artistic tantrums. Far from turning out designs with offhand sureness, he works them over painstakingly until the client is satisfied. He also has an almost hypnotic power to impress, persuade and convince the toughest tycoon. Even the American Tobacco Co.'s late George Washington Hill, who used to frighten advertising men out of their wits, wilted under Loewy's gentle suasion. He paid him the whopping fee of $50,000 just for designing a new white package for Lucky Strike in 1942 ("Lucky Strike green has gone...
...Union: it never occurred to her that from the moment she landed (at New Orleans) she herself would be the one to be roundly devaluated. To begin with, it was a "singular" shock to find that though every man jack of her American fellow travelers on the Mississippi chewed tobacco, reeked of whisky, ate with a knife and grabbed for the table "viands" with "voracious rapidity," one & all had apparently "arrived at high rank in the army...