Word: grade
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Multimillionaire Sportsman Alfred Gwynne Vanderbilt, 29-year-old president of Belmont Park and of Pimlico, resigned his presidencies, applied for a commission as lieutenant, junior grade, in the Naval Reserve...
When his eighth-grade nephew came home and announced that his class had produced three plays in one day, a young Boston adman and magazine publisher named A. S. Burack looked into the matter, found that 1) few good plays were written for children, 2) few schools could pay commercial royalties (averaging $5 a performance) for professional plays, 3) consequently most schools had to produce old chestnuts or the amateurish writings of pedagogues...
...thesis and to prove the need and validity of the attack at all times and under all possible situations. Second, he tries to reduce his thesis to specifics and claims that an attack on Italy this spring is the touchstone needed to start Germany on the down grade...
...fulfilled his assurance to U.S. Treasury officials that China could do business even when the Japs controlled its coast. When he borrowed the money in 1938, no political loans were possible. Democracy was not then counted a good security in Washington; but tung oil-essential in high-grade paints and varnishes-would do. So Chen founded Universal Trading Corp. in Manhattan to manage tung-oil sales, earmarking one-half the proceeds to pay the debt. He then organized Foo Shing Trading Corp. in China to gather and ship the oil, went home to direct...
...encourage oil production in the Eastern States-and thus get more oil where it is needed most-OPA lifted Pennsylvania grade crude-oil prices 25? a bbl. (about 10%). To offset higher transportation costs (by rail instead of tanker), OPA also approved a ½?-a-gallon boost in Atlantic coast retail gasoline prices (except in Florida and Georgia...