Word: yet
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Dates: during 1940-1940
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...Yet of all who helped enthrone politics above economics in 1940, the three most important were businessmen...
Throughout 1940, Business still looked on Jesse Jones as its man. Yet he was tolerated by the New Deal as a candidate for two of its most sacred jobs: 1) integrating the U. S. with Latin America; 2) being President in 1944. If businessmen were unlucky to have the avowed New Dealers as enemies, they were not much luckier to have the New Deal's Schacht as a friend. He saved Business from the courts in order to put it to work for the Government. He helped make the Revolution respectable-more like evolution than it might have been...
...boom passed by. But none was more violently struck than aircraft. The planemakers began the year with an order backlog of $675,000,000 and 60,000 men at work. They ended the year with a $3,500,000,000 backlog, 164,000 men at work. Yet, corporately speaking, they ended the year as they had begun: small...
...medal for silent, voluntary expansion for the Defense program. Its soft-shirted, soft-voiced management took the Revolution in its stride. When a new TVA appropriation came up last summer. Aluminum men, who knew they would need extra kilowatts if Defense lasted, helped the Administration lobby it through Congress. Yet the year's end found even Aluminum, Co. behind on deliveries. Sadly it prepared an advertising campaign for the peacetime customers it wants to keep. The copy: "If you find it difficult at the moment to get all the aluminum you want when you want it, you will know...
When Detroit's production lines, as though fleeing conscription, raced down the last quarter at 120,000 units a week, pessimists anticipated an inventory accumulation. Yet sales were too fast for dealers to keep more than one month's stock on the floors. Meantime the factories, still dodging priorities, managed to get in some advanced retooling (more facelifting) for the 19425. Having led every U. S. boom since 1921, Detroit could not be counted out of 1940-5. And it managed to keep its arms work (G. M. contracts alone totaled $400,000,000) as a sideline...