Word: underlying
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Dates: during 1940-1940
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In threading the narrowing gap between capacity and Defense production, none footed it so featly as the automakers. As soon as the President called for 50,000 planes, people figured Detroit would make few cars that year. But before anyone could say whether or not Detroit should have the necessary...
A weary veteran of U. S. railroading is the bankrupt, 108-year-old Erie. In her gilded years she fell in with bad company-flamboyant Jim Fisk, piratical Jay Gould, pious Daniel Drew. Together they manipulated her back and forth from bonanza to bankruptcy, got her known as the "Scarlet...
With the Supreme Court's Los Angeles lumber case to guide it (TIME, Dec. 18, 1939), the ICC in reorganization cases has recently shown little mercy to common stockholders whose equity is under water. Its plan for the Missouri Pacific last January wiped the common out entirely. Last spring...
Since France's fall, chief debate in the $1,000,000,000 U. S. dress industry is whether U. S. designers can do the job that trend-dictating P'aris once did for it (TIME, Aug. 19). For three months Paris Couturière Elsa Schiaparelli has barnstormed...
Cautious, publicity-shy Adam Gimbel, president of Saks Fifth Avenue, was the No. 1 pre-war U. S. buyer of Paris high-style merchandise. But "Skap's" stand made him see red. His wife Sophie had recently completed showing her own custom-made midseason collection, without any help from...