Word: affords
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Dates: during 1930-1939
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...failed to respond to the New Deal's magic wand, the President's monetary policy veered away from "hard money" toward depreciation of the dollar. That fitted better with Mr. Morgenthau's ideas. The elder Morgenthau, who made his millions in Bronx real estate, could probably afford to face inflation without undue anxiety, but Son Henry has long been known as more or less economically heterodox by training. Last week when the President made Henry Morgenthau Jr. not only Undersecretary but at the same time acting Secretary of the Treasury, his act was but a visible sign...
...Here is the farm, here is the farmer, and here are the facts." One of his hard-headed sayings: "You paint a barn roof to preserve it. You paint a house to sell it. And you paint the sides of a barn to look at, if you can afford it." His own barns had one coat of red paint when they were built, none since...
Most significant was the fact that German Catholics at once rallied to the daring German Protestants. "We Catholics cannot afford to sit coolly or gloatingly by." declared the Catholic organ Germania. "This anti-religious new heathenism is on a much lower level, even, than pre-Christian heathenism, which at least honored its gods and was in this sense pious...
...ownership vociferously pointed out that the Public Works Administration was willing, even eager to lend money, that service rates would be lower since the plants would not operate for profit. Those in favor of private ownership declared just as loudly that the cities, already in financial straits, could not afford to risk deficits in the utility business; that though rates might be lower, city treasuries would sharply miss the taxes now levied on privately-owned plants. After last week's voting, neither side could claim a national victory, but both had things to cheer...
...Parliament as usual last spring, the danger of the banks' situation was suddenly plain. From the Western prairies rose furious anti-banker howls for a new system, for lower interest rates, for "nationalization of credit." Parliament was impressed. To avoid financial confusion when Canada could least afford it, Conservative Premier Bennett got the Parliament to extend bank charters for one year during which he promised to call a commission to study Canada's banking, currency and coinage...