Word: meters
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Dates: during 1940-1949
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...difference was a little black box with a face like a parking meter's and a slot like a piggy bank's. Called the Meter-Matic, it is similar to pay-as-you-go meters used during the depression, then discarded when money began growing on trees again. The gadget is fastened atop the refrigerator and the purchaser drops in a quarter a day (or more, depending on the installment conditions); if he fails to drop the coin in the slot, the electric current shuts...
Chicago's International Register Co. sells the hungry little gadget to retailers for $6.95. By last week, only a month after going on the market, the Meter-Matic was on some 5,000 refrigerators. In one of its zones, Nash-Kelvinator began July with the largest inventory it had ever carried. Meter-propelled sales soon cleaned out the stock. The General Furniture Co., in Chicago's slummy South Side, sold more than 2,000 refrigerators and other appliances in two weeks, almost all on the meter plan...
Retailers using the Meter-Matic plug the slogan: "No money down, as little as 25? a day!" Merchants who have attached meters to stoves, washers and television sets have run into a snag: customers tend to feed the meter only when the appliance is in use. But shrewd retailers have gotten around that by attaching the meter to the refrigerator, no matter which appliance is bought. Refrigerators are different: they have to keep going...
Scott, who doubles in the 440 and 880, can also cover the ground. He has run the quarter in 48.8 and holds the British Army 400 meter record. "They say he has a very strong finish," Jaakko reports...
When on May 21 it participated in the American Henley regatta on the Charles, the Eliot second boat took first place in its event and the first boat trailed an MIT third varsity boat by a scanty three feet in the 2000 meter...