Word: longs
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1940
Sort By: most recent first
(reverse)
Ultimate beneficiaries of a confidence boom are the consumers. For a time, excitedly watching their spending theory get its first real test, some New Dealers boasted that consumption would get the long end of this boom too. But 1940 killed any hope that Defense spending might be a short cut to plenty and graceful living. The imminence of rationing in steel, in aluminum, in tools, in a dozen lesser consumer-goods necessities made 1941 look like an uncomfortable year. In 1940, consumers did benefit; 1940 produced more guns and more butter. But 1941 would have to produce still more guns...
...shares, turn his paper losses into real ones. He then could deduct his short-term losses (on securities held less than 18 months) from short-term profits taken on other transactions this year, carry any net loss over to deduct from next year's short-term profits. On long-term transactions (securities held more than 18 months) he could claim only half to two-thirds of the loss, but could apply it against income of any kind...
Wodehouse's American friends for a long time heard nothing about him at all. This week they learned that he is interned in a former insane asylum at Tost, a small village in the monotonous sugar-beet flatlands of Upper Silesia. Wodehouse has been there since the prison camp was created last September. No Castle Blandings, his prison is a big, brick, T-shaped, three-storied structure with many barred windows, high brick & wooden walls. A small military garrison runs and guards the camp. Central heating is said to be good, sanitation adequate. There are hospital facilities...
...camp holds some 1,000 British civilians caught by the Nazis in the Low Countries, Scandinavia, France, on the high seas. Wodehouse is one of a group of 60 who share a long dormitory with double-decker bunks. They are allowed to use the high-walled prison yard at any time. But they must eat, sleep, get up by military schedule. Food is reported to be the same ration given German civilians-one course of stew with bread on the side. There is hot water daily, but baths only every ten days. Prisoners have only the clothes they brought along...
...Scheu-Riesz (pronounced Shoy-Reese) began her literary career in Vienna, age 18, with translations of Elizabeth Barrett Browning. She also wrote a novel, Der Revolutionär, which came out spang during the 1918 revolution, had quite a succès d'estime. The Scheu-Rieszes have long mixed politics and publishing. Her husband, who died before the Anschluss, published some 200 children's books from different languages in an effort to broaden the viewpoint of Viennese primary school children, who were using "dreadfully nationalistic" primers. In off hours Frau Scheu-Riesz organized a kind of socialist...