Word: bugaboos
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...State borders must to an extent be disregarded and the United States must be taken as one economic area. . . . Evil practices have hidden behind the bugaboo of State rights long enough. . . . We are trying to rid ourselves of the destructive aspects of the doctrine of laissez faire and to substitute a regulated competition which will operate more justly. If present conceptions of State sovereignty stand in the way of that experiment, it will be a calamity. ... If the National Industrial Recovery Act fails, something more radical will have to be tried. ... It is the rainbow of hope against the black...
Typical of the confusion reigning in the oil business were these rapid overturns in Texas Co. Oil's great bugaboo has been the unbelievably prolific East Texas oil field. It was discovered in 1930, a huge underground lake of oil, 32 miles long and three miles wide. Wildcatters and great oil companies had soon planted 10.000 derricks over it, drilled 10,000 shafts 3,600 ft. deep to tap the subterranean flood. As the oil spouted through 10,000 pinholes in the earth's crust it greased the skids of oil prices. Tighter & tighter the industry drew...
...York. The most violent boycott scheme came from the same Lawyer Aaron Sapiro who once sued Henry Ford for $1,000,000 for defaming the Jewish race. Acting as though there really existed that chief bugaboo of Jew-baiters, a secret international Jewish commercial organization, he proposed an international boycott of German goods by Jewish importers and commission merchants "from Vladivostok and Shanghai to Rio de Janeiro and Johannesburg." He offered to organize a general staff to help importers all over the world find substitutes for German goods and send weekly bulletins to leaders of Jewish communities in every city...
...Chief bugaboo of Adman Collins' life is dullness. "When I pick up a newspaper or look at a magazine." he says, "I find 95% of the copy is deadly serious, in fact downright dreary." Most advertising he finds even worse. Though alert copywriters should pounce merrily on "humor . . . and the human element in situations and merchandise," he warns that they must not be funny more than 5% of the time. He admits: "I do not think there is anything funny about a Baldwin locomotive." Chief tenet of Adman Collins' advertising creed is honesty. He deplores the blasts...
...Finance Corp. after which R. F. C. is patterned almost item for item, he evolved and put to use his economic theory in the 1921 slump. He knows to a nicety how many millions or billions of dollars one needs at one's elbow to annihilate this or that bugaboo of deflation. It may not be necessary or practical to use them all but psychologically their very handiness makes them effective...