Word: booming
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Dates: during 1920-1929
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...first named industry is now experiencing a veritable boom, attended with record production and mounting prices. Current production of pig iron has surpassed even the unusually active month of March, 1920, which followed the futile steel strike of 1919, and is now only some 3 or 4% below the huge war-time output attained in September, 1918, just before the Armistice. Despite this sensational rate of production recently attained, however, the demand is so urgent and extensive that new price advances have occurred in pig, and in both semi-finished steel and several steel products. Last month the Steel Corporation...
Borah. At present he is not booming himself. But a California supporter started a chain postal card boom: "Link by link and vote by vote it will carry him to the White House!" And Mr. Borah commented: "Fruitless endeavor!" Meanwhile he is at work in Washington, apparently considering the possibilities of a visit to Russia, or a return home to fight for the direct primary in Idaho. Johnson. Where Mr. Harding is for the World Court, and Senator Borah takes the middle ground, Hiram Johnson leads the extreme opposition- " high priest of all the irreconcilables." Since Borah left the reactionaries...
Ralston. A Democrat whose boom has not yet begun is the new "high-grass " Senator from Indiana. As The New York Evening Post sapiently remarks: "A Democrat who can recapture Indiana two years after the greatest Republican landslide in the annals of American politics is under no necessity of putting up a Presidential lightning...
McAdoo. The McAdoo boom, which is already under way, is founded on his popularity with the railroad workers, whom he made prosperous during the war, and on his liberal policies, which are expected to attract the farmers. His followers are widespread and vociferous. Several years ago he was immortalized in the following lines: " The Who, pre-eminently Who, Is William Gibbs, the McAdoo, A man of high Intrinsic Worth, The Greatest Son-in-Law on Earth. With all the burdens thence accruing...
...placed upon this pronounced advance in commodity prices. While Mr. Babbitt is immensely cheered at the immediate business prospect in 1923, yet the disastrous memories of 1920 and 1921 are still fresh in his mind; he is wondering whether business is entering into such another swift and unhealthy " boom" as he experienced in 1919 and 1920. For the most part, anxiety on this score seems groundless. The 1919 boom arose from the world shortage of goods after the war, and our huge consequent exports which were recklessly financed with long-term banking credits. These latter, together with the additional strain...