Word: crediting
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Dates: during 1950-1950
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...short time in the U.S., Sir Gladwyn has acquired a following of fans. Last week, in a shower of congratulatory telegrams, was one message: "Bravo, bravo. You and your delegation are a credit to civilization. The Gross Family, 824 Eastern Parkway, Brooklyn." Said Sir Gladwyn: "I thought it must be Ernie Gross's family [Ambassador Ernest Gross is Warren Austin's second-in-command]. But when I asked him, I found that there are a great many people named Gross in America. Fancy that...
...dollars of pork-barrel items. The only effective gesture at economizing was an amendment directing the Administration to shave 10%, some way, from all non-defense items, for an estimated saving of $525 million. Thus the onus of specific economies would fall on the Administration, while Congress took the credit...
Brannan needs congressional permission to sell products below 105% of support prices (plus carrying charges) or below the going market prices, whichever are higher. But cotton, for example, is selling so far above supports that the Commodity Credit Corp. can dump it without the political blessing of Congress...
...industry hardest hit by the war to date was the housing industry, whose peacetime expansion had been founded on easy Government credit. Last week President Truman stiffened the terms. He slashed in half a $1,250,000,000 increase previously allotted for mortgage insurance, ordered 5% down payments required from veterans-who previously could buy new homes for nothing down, without even paying cash for closing fees. He also slashed by 5% the amount of FHA mortgage insurance available for non-G.I. buyers. (The immediate effect was to start a rush to buy homes, and the scare sent house...
Elizabeth Bowen is a fine novelist, as she proved in her To the North and The Death of the Heart; but she has written some very poor book reviews. Kindness of heart that does her credit as a woman sometimes blinkers her as a critic. Many of these Collected Impressions are reprinted reviews recording her pleasure with some very ordinary books, and they will explain why her British fellow authors wait eagerly for her notices of their work. It is rarely that she lets anything pass without a kind word, quotable on a book jacket...