Word: v-e
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...pleasantly wooded district, the grounds and buildings had been laid out in 1937 to house a second Sandhurst (Britain's West Point). Turned over to the U.S. for an officer training camp, it was converted after V-E day into a campus for 4,000 G.I. students. At the start, there were only 3,611, including 270 officers, 14 nurses, and eight WACs. They ranged in age from 19 to 46 (average: 22½) and in rank from buck private to lieutenant colonel. Their average education amounted to one year of college...
Lastfogel made two trips overseas, found that even entertainment-hungry G.I.s complained when the shows were second-rate. Nobody would object, he found, to more big-name performers, especially if they looked like Marlene Dietrich. Determined to satisfy his audience, Abe went to work on Broadway and Hollywood. By V-E day, when the Army gave him a solid green light for transportation, he had his quota of stars and garters. Ready for action were smash-hit shows, top-bill specialty acts, operatic and concert stars, any and every other kind of talent...
What this seemed to mean was that the U.S., three months after V-E day, was still faced with an oil shortage. What it actually meant was that the character of the petroleum needs for war has changed. How well they are met will determine how much gas & oil civilians will get in the coming months...
...many a company, the V-E day cutbacks had come too late to affect quarterly earnings seriously. For others, excess profits taxes had been a cushion against the drop in gross sales. In top brackets, taxes drop as fast as income, thus help keep earnings steady...
...Slump? For many another corporation, General Electric was typical. For the half year, its profits were $25 million v. $21 million last year. More & more, it was apparent that the big slump, which many had expected to follow V-E day, had not occurred. Last week the Department of Commerce predicted that it would not occur this year. It estimated that gross national product in 1945 will be $199 billion, infinitesimally greater than 1944's annus mirabilis...