Word: block
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Dates: during 1940-1940
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...Budget method: a domestic Budget which will be balanced if possible; a separate Defense Budget, so that the citizenry may see what the U. S. spends on the terrible necessity of arms. Concurrently Mr. Morgenthau indicated financing operations would come on Dec. 15, when the Treasury might sell a block of the $4,000,000,000 worth of special national-defense notes authorized by Congress. One possibility considered was the sale of defense certificates directly to the public, after the manner of Liberty bonds...
...Diesel bee was buzzing in Germany, France, Belgium, England. Patent deals in Germany and Great Britain netted Rudolf Diesel royalties of 70,000 marks a year. In addition, a German company paid him a lump sum of 1,250,000 marks plus a block of stock. Diesel moved his family into a lavish apartment, then into a lavish house in Munich, began pouring his money into oil and real-estate speculations. Most of these turned out badly. Lawsuits popped. The inventor's health began to crack, but he labored on, propping his strength with bromides and antipyrin...
Looking for significance in these moves, observers thought they saw one more result of the recent consent decree between Hollywood's Big Five companies and the Department of Justice (TIME, Nov. 11). Since the decree outlaws block booking in groups of more than five pictures, requires producers to show their films to exhibitors before selling, Hollywood now not only must decentralize but has to take a great deal more pains with its productions. No longer, thought some, will it be possible for one man to rule any studio's roost...
...exist who have been born with snowshoe feet or a mountain goat nostalgia for high places. At Harvard these select silver spooners have already formed the Skiers and Mountaineers Club. But the average earthbound yokel can only watch with awe and a weak stomach their feats of block and tackle climbing, and secretly shiver as they madly race down some crooked trail. The boys are good, regular hot rocks, he will have to admit...
...though the individual recruits were not surprises, the whole procedure-the sudden formation of a block of ice in southeastern Europe, where before there had just been chilly water-was not pleasant for Britain and her friends to contemplate. The New Order was actually becoming a reality, the Drang nach Osten was dranging. At week's end Bulgaria was maneuvering for its life, Yugoslavia was encircled for all practical purposes, Russia was a not too encouraging enigma, and only Greece and Turkey seemed to have sufficient gumption to resist...