Word: bread
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Dates: during 1950-1959
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...Please tell me, Caius, why are all these laws necessary to civilization? Why don't people weave cloth and bake bread of their own accord in return for payment...
When the Truman Administration abandoned World War II price and wage controls in November 1946, some people predicted $1-a-loaf bread. Franklin D. Roosevelt Jr. predicted $20-a-pair nylons. Decontrol in 1953 brought forth no such hysterical forebodings, but it was actually a bolder step, because the pressure of rearmament and the Korean war have replaced the 1946 illusion that permanent peace was about to prevail. Although pressure for continued controls was strong, Eisenhower acted on his campaign statement that Government control of prices was not the only or the best way to fight inflation...
...linger on), or to impose them when there is no clear and present need, is to incur the danger that they will become a way of life, as in the Roman Empire. Any time a nation can shake off the shackles and prove that freedom does not bring $1 bread, it can demonstrate again that in the long run the most productive economy is a free economy...
...scores of thousands of small villages. Many "collectivized" villages are in fact tight family communities, loyal to their family interests. Hence Stalin's effort in 1949 to amalgamate the villages into large, well-policed agricultural towns, called agrogoroda. The attempt was quietly abandoned. Russia needs more & more bread for her expanding industrial cities. To the end. Stalin dared not risk another setback like that...
...Bread & Butter Note. In Bloomington, Ind., a burglar who appeared worried lest his robbery of $5 from a grocery go unnoticed left a message for the proprietor: "I robbed...