Word: argumentation
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Dates: during 1930-1939
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...Argument. Willkie is an Indiana crackerbox debater in store clothes, and full of intellectual hops. He has an unruly mop of brown hair, a barrel chest, and he stands six feet one in spite of stooping as if he were perpetually leaning over a jury box. When he sits in a chair he sprawls like a sheepdog at rest but his blue, humor-flecked eyes look out from under knitted brows waiting for the argument to begin...
...hanging in his eyes. His talk, with a native Indiana tang, is even more vigorous. To hell with formality. He talks as men do in the locker room, and spices his profanity with the Bible, Shakespeare and law. He spills out figures, dates, technical facts, historical parallels. When the argument grows hot his eyes get hawklike and his stubborn upper lip stiffens. If an opponent wilts under his fire, Willkie is disgusted. He doesn't want the argument...
...Before the curtain still stands Willkie. All his maneuvers did not save the Tennessee Valley for Commonwealth & Southern (whose remaining operating companies still represent more than a billion dollars in assets). But he did something else. He took the case of the utilities to the public. He articulated the argument against public ownership, generating power regardless of cost, and the argument for private ownership, under regulation, selling power at low rates and making a decent profit on its capital invested...
...Political misgivings did not prevent businessmen from investing $5,341,000,000 in new equipment (distinguished from plant) in 1937. This was 94% as much as in 1929, more than any previous year. Currie's argument: investment still follows production, not the editorial page...
...prosperous Republican Twenties, while Washington boasted balanced budgets, State and local governments were running up debt at the rate of nearly $1,000,000,000 yearly; since 1932, however, State and local governments instead of providing an outlet for savings have been piling them up. Carrie's argument : the net Federal investment now has to be at least $1,000,000,000 to provide equivalent purchasing power...