Word: adjustable
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Dates: during 1930-1939
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...control of the industry, it could close down the smaller mines, guide the larger ones safely around the Sherman law to profitable mergers and otherwise act to conserve a natural resource. If soft coal mining were put on a paying basis, Mr. Morrow argued, prices would rise sufficiently to adjust miners' wages and thereby eliminate strikes. Secretary Lamont pondered the idea, promised nothing...
...lines, Mr. Scandrett testified that the carriers asked for a rate increase only as "a last resort" to save their credit structure. He felt that the I. C. C. should not interest itself too much in Industry's ability to pay a higher charge, as the roads would adjust that matter to meet individual conditions among shippers. Efforts to cross-examine Mr. Scandrett about wages were shut off by Commissioner Meyer on the ground that the Railway Labor Board and not the I. C. C. had jurisdiction on pay scales. Mr. Cole, representing all southern carriers, pleaded for swift...
...cuts, defaults and receiverships, the carriers intimated they had no idea of using such wholesale authority, if granted, to an extreme. Many rates, particularly those on short-haul goods for which trucks compete, would not be changed. What the roads were really after was I. C. C. permission to adjust rates of their own choosing within a 15% range, thereby increasing their operating revenue by 10%. To avoid protracted arguments over individual rates, they consolidated their plan into one blanket petition for a horizontal increase for all lines...
...promise, insofar as in me lies, to shun the public press or public gatherings of laymen where my attitude might be regarded as seeking self-advancement; to avoid selfishness and commercialism in my professional practice; to influence patients to appreciate their financial responsibilities to their medical advisers; to adjust my compensation to the circumstances of my patients and to make such charges commensurate with the services rendered and to avoid discrediting my profession by seeking unwarranted compensation...
...from 20¢ to 35¢ per bu. above the world level. Until last week the biggest question was: "Will the Board continue price-pegging when the 1931 wheat crop starts rolling in upon the market about July 1?" The answer: "It will NOT." Result: U. S. wheat prices must now adjust themselves downward to the world's supply & demand level. Declared the Board...