Word: keep
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Dates: during 1950-1950
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...paper. Ernest Boyd MacNaughton, liberal president of Portland's Reed College (TIME, May 3, 1948) as well as chairman of the board of Portland's First National Bank, will stay on as president. The editorial staff will be virtually unchanged. As is his custom, Democrat Newhouse will keep his distance from most editorial decisions (most of his papers are independent Republican), but will keep close tabs on everything else as he does on his other papers...
...created any civilian shortages-and would not for some time to come. ¶ The economy had expanded so rapidly since 1945 that the ratio of butter v. guns could be higher than during World War II-in fact, civilian production had to be higher to maintain full employment and keep the economy healthy. ¶ The so-called "indirect controls" on credit and construction have been effective in cutting back demand (see below...
When Kaiser-Frazer last week got a new $25 million RFC loan to help keep it solvent until it can sell its big backlog of cars, the terms were stiff. (K-F already owes RFC $43 million.) RFC ordered K-F to: 1) cut production from 800 to 600 cars a day; 2) raise no prices without RFC consent; 3) pay off the loan with 90% of the wholesale selling price of each car as it is taken out of storage...
...whether the loan should have been made at all. Said the Wall Street Journal: "Why should our government . . . maintain output of civilian goods at the very moment it is attempting a large-scale conversion of industrial production to warmaking equipment?" The answer seemed to be that RFC wanted to keep K-F going in the hope that it could get some arms contracts...
Poet Cocteau is nonetheless a clever, imaginative dreamer and a skilled film craftsman. With the help of Georges Auric's brilliantly appropriate music and some talented, attractive players, his movie never fails to be dramatic and provocative, or to keep the audience guessing just what will happen next. Those who try to get to the bottom of it all may conclude that Cocteau's waters are not so deep as they are muddy, but the ripples are something...