Word: absorber
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Dates: during 1930-1939
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...Consolidations are also impractical because the big roads cannot agree among themselves on which of the little roads they will absorb. ICC, in its Consolidation Plan in 1929, compromised by agreeing to the creation of as many as 21 systems. Plans less influenced by political prudence advocate something more like nine systems; the most drastic one provides for just three systems...
...Exports, counted on since September to absorb overproduction, still got nowhere. Brightest spot was Latin America: October takings were up 14% from September, 18% from October 1938. But cash buying is a luxury for Latin America necessitated by War II's cutting down its barter trading with Europe. By last week most Latin American Governments had eaten into their New York bank balances, were wondering whether Washington intended to do some export pump priming...
...Rubberman Litchfield announced tire price cuts of as much as 12½%, in spite of a wartime increase of nearly 25% in the price of crude rubber (August 29, 16¼? a lb.: Oct. 27, 20½?). After "streamlining" plants and methods, costs were slashed to absorb September's rubber inflation as well as the rubber business' big complaints: higher wages & taxes...
Dick Harlow's system of coaching has been called too complicated for Sophomores to absorb, but last Saturday's game proved that it can be done. With the whole team veteran and newcomer alike, clicking as a unit, Harvard football is getting up from the floor after a short count, still swinging. The genius of Dick Harlow's coaching is undoubted after the way he has molded slightly undermanned Crimson teams to Big Three champions in the last two years. This fall he was faced with a gigantic rebuilding project, and it is not surprising that the going has been...
Meanwhile economists,who had been looking to shipbuilding to absorb thousands upon thousands of unemployed workers, began ast week to single out the shipbuilding industry as one of the tightest bottlenecks in he way of further advances in production. They noted that, whereas the bottleneck in steel (TIME, Oct. 2) might slow down an unhealthy scramble for unneeded steel, a bottleneck in shipbuilding would certainly slow down one of the key capital goods industries they have been relying on to take steel off the market-if Congress decides that the U. S. does need ships...