Word: boomlets
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...were really talking about was "oligo-poly"-selling by a few-based on statistical studies of busy-brained Economist Leon Henderson, who predicted the crash of October 1937 the spring before. He contended then that greedy Business, by raising prices too soon and too fast, would deflate the recovery boomlet of 1936-37. If the executive wing of TNEC has a preconceived case to prove and to act upon with legislation many months hence, this is it: that large concentrations of corporate wealth and productive capacity have, in various industries, anti-social powers which must be curbed by the Federal...
...London, Publisher Gannett's candidacy immediately hit a snag. "Bang the trumpet and blow the drum," began a sarcastic attack in Sir Walter Layton's pro-New Deal Star. "For the first time in history, an American Presidential boom-or boomlet-has been started in London." In the U. S., Columnist Heywood Broun gave Candidate Gannett "Hindiana, Hiowa and Harkansas." In Manhattan, the Daily News chortled: "If Lord Beaverbrook has his way . . . and Roosevelt runs against him-boy, what a dish Gannett will...
Meantime copper shares on the New York Stock Exchange were staging as merry a boomlet as any speculator could ask. Anaconda jumped $9 per share during the week, closing at $64. Kennecott, also at $64, was up more than $3.50 per share. Phelps Dodge at around $58 was up nearly $3, American Smelting & Refining at $98 was up nearly $10, Federal Mining & Smelting...
...June, 1936. Who Is Alf Landon? Alfred Mossman Landon is favored for the nomination by the four Kansas Republican Congressmen, Senator Arthur Capper, onetime Vice President Charles Curtis and Alfred Mossman Landon. He has also just become the candidate of William Randolph Hearst, who fortnight ago lifted the Landon boomlet out of the Favorite Son class by declaring : "Surely Mr. Roosevelt can be defeated. ... I am confident that Governor Landon of Kansas could be elected on the Republican ticket. . . . "He has a fine war record. He has a clean business record. ... He is a sound and intelligent economist...
Thus far this year Dictator Mussolini's moves have produced an Italian boomlet with the index of general production at 106.8% of the country's prosperous year 1928. Not wholly confined to war industries, since II Duce presses on relentlessly with his Fascist public works, the index has risen also in peaceful trades, soaring to 184% of 1928 activity in the building sector. Unemployment, which stood at 1,160,000 in January 1934, was down to 750,000 last week, due partly to army recruiting, partly to the boomlet's creation of more work and partly...