Word: falling
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Dates: during 1940-1940
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...Frustrated Flyer Donald Blood, 14, was let off with one-year probation; now staying close to home, he will start high school this fall. His buddy Benny Byrne, 15, is staying indeterminately in a correctional institution, pending release for good behavior. Reason: he previously snitched a camera lens and some radio parts, thinking they would come in handy when he got to be a war aviator...
...torpedo station, Navy Training Station and War College at Newport, R. I., the new naval air base at Quonset Point, submarines at New London. Conn. All these he judged to be proof that U. S. Defense was well along, would be still further along by late fall...
...agreement. Russia stipulated that its purchases may fall below $40,000,000 if the U. S. further restricts exports of materials needed for U. S. Defense...
...less pious precincts this summer, Ann Corio will probably fall back on her burlesque routine. When she returns to burlesque in the fall, she will add a bit of variety to her act by breaking into a boastful ditty written by Tunesmith Edwin Gilbert especially for her: I was a Hit in Legit...
Since War II started, Franklin Roosevelt and his men have damped more than one price spurt by methods not always polite. Last fall the posted steel price threatened to rise; the Temporary National Economic Committee called steelmen to Washington, argued for low prices, hinted at an anti-steel publicity campaign; the steel price stayed put. When housewives started to hoard retail sugar (TIME, Sept. 23), the President untied import quotas; in came Cuban sugar, down went prices. Copper began to move upwards; the President said the price was being watched, and the move slackened. Few weeks ago domestic mercury sold...