Word: mightly
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Dates: during 1940-1940
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...smaller fry who make up most of the industry were not production-minded. Rich, pink-cheeked Bomber Builder Reuben Fleet of Consolidated Aircraft, sensing the uncomfortable pressure of his biggest customer (the Navy) complained of the "risky margin" of 2¼% at which he might be forced to make planes. Having got some new plant as a gift from the British, many planemakers wanted a similar gift from the U. S. By year's end, U. S. aircraft was in an obvious mess. This month little Republic Aviation laid off 50 men because it could not get parts. Deliveries...
...growing faster, was equal to about a year of capacity operation. On Dec. 4 a large new list of machine tools was subjected to export priority control. Bill Knudsen scolded the industry for not doing more subcontracting. Meanwhile, investors showed less interest in machine-tool stocks than they might have if their low capitalization had not marked them for plucking by the excess-profits...
From the first, the railroads insisted they could handle any traffic load the defense boom might produce. When Burlington's Ralph Budd joined the Defense Advisory Commission, he did not seem worried either. In July, when traffic had risen to over 700,000 carloadings a week. Commissioner Budd urged the roads to fix up their bad-order cars, keep them below 6%. The Administration wanted him to force orders for 100,000 new cars at once, 500,000 by 1942. Mr. Budd preferred not to interfere with rail managements...
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...
...ptarmigan"), the fastidious young man who calls everybody "Comrade," and almost alone among Wodehouse fauna has enough wits to live by. There is the epic of Jeeves, the infallible, verse-quoting valet ("We are in the autumn, sir, season of mists and mellow fruitfulness"). In the workaday world Jeeves might seem like an average enough gentleman's gentleman but stacked up beside Bertie Wooster, to whose harebrained Don Quixote he plays a discreet Sancho Panza, Jeeves looks like an intellectual giant. There is also Mr. Mulliner, of the bar parlor at the Angler's Rest, and his multifarious...