Word: babbittism
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Dates: during 1940-1949
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...businessman never loved dollars as metal or paper, in the grim, sensual way in which Frenchmen loved francs. The U. S. businessman, in the days before the Revolution, was George Babbitt, a booster-a booster because he was a believer. He believed in money because it represented something else: power, as some called it; freedom, as others called it. Power, freedom and money were an indivisible atom. Therefore, dollars mattered...
...months ago Sinclair Lewis went touring in his native Middle West, scene of Main Street, Babbitt, Elmer Gantry. One day in Madison, Wis. he met University of Wisconsin's President Clarence A. Dykstra, took such a fancy to academic life that he impulsively offered to teach Wisconsin's students without pay. President Dykstra agreed...
...also a less ugly picture from the supply side. No. 1 use (45% of consumption) of tin is for coating the cans in which U. S. citizens get their beans, their beer, their motor oil. Other uses are smaller percentagewise, but often less easily switched. Tin is indispensable for Babbitt metal and bronze used in aircraft and automobile engines...