Word: took
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Dates: during 1940-1949
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...Administration still talked loudly about fighting inflation, but last week it quietly took a short step to combat deflation. Because retail sales and installment credit have been dropping, the Federal Reserve Board eased up on Regulation W, which restricts installment buying...
...head, had earned his cockiness. He had parlayed a $3,000 shoestring into a textile empire that last year grossed $288 million (and netted $31.2 million). Born & bred at Harvard (where his father taught mathematics), Love came out of World War I a 23-year-old major. He took his $3,000 in savings to Gastonia, N.C., his father's home town, and got a $120-a-month job in a cotton mill. After talking local citizens into adding $80,000 of their own money to his, he bought the mill. During a real-estate boom, Love sold...
Since they were forced out of Mexico in 1938, most major U.S. oil companies have shown little desire to go back in, despite repeated invitations. Last year, Cities Service Co., the only one that had not left Mexico, took on a job of drilling new wells. But otherwise, the best deal that Antonio J. Bermudez, boss of Pemex, Mexico's oil monopoly, could make was with J. Edward Jones, a small U.S. oil promoter, to drill 100 wells (TIME, Sept. 22, 1947). He drilled...
...ready. The Ministry of Supply, which buys all aircraft for the government's three big international lines, ordered 16 Tudor Is for British Overseas Airways Corp. When the Tudor Is were tested, their performance was so poor that BOAC refused to accept them. Eventually British South American Airways took four Tudor IVs for its South Atlantic run and Avro kept on building them...
Yacht Club men took advantage of rough seas yesterday afternoon to swamp the Marblehead Yacht Club, 172-153. The two clubs were tied at the end of four races, 110 all, but in the final two heals the Crimson's skill in high winds paid...