Word: backwardness
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Dates: during 1930-1939
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During the past month an attempt has been made in Congress to get above the immediate crosscurrents of U. S. finance and take a long view backward and forward. Planting itself at the halfway point of the Era of Change, a subcommittee of the Senate Banking & Currency Committee has been seriously taking stock of the Federal Reserve system and its implications. No spectacular hit-&-run investigation flashing large in press headlines and proving nothing, the committee's survey will require a year to complete...
...lessen the tempo means to fall behind?and backward we are beaten. We do not want to be beaten. The whole history of old Russia amounted to repeated beatings because of its backwardness...
...Such is the law of Capitalism?beat the backward and weak?the wolf law of Capitalism...
Knocked Down. The Commission set up and knocked down various substitutes for Prohibition-as-is. Repeal of the 18th Amendment would be a "backward step" to re-admit the saloon. To permit State option would be nullification. Beer of 2.75% would satisfy nobody who "has developed a taste for intoxicating beverages." Government sale would not be "expedient...
...Backward Glances...