Word: costs
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Dates: during 1930-1939
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...Biltmore Hotel three blocks away some 100 mine operators were facing their own situation; six-weeks of shut-down had helped them to get rid of half of their coal piles and any longer stoppage would only cost them money which they could ill afford to lose. But some operators still held out. Many a potent mine owner, ready to sign at union terms, accused the holdouts of stalling in hope of provoking an industrial war in which U. M. W. might be licked...
...treaty was to provide Bolivia with an export outlet to the European market (for which she fought Paraguay unsuccessfully in the Chaco War), making possible the German deal Senor Foianini announced last week. Looking a long way ahead, he generously agreed in return to sell to Paraguay at cost the German-built refinery...
...about 1870 railroad rails were made of iron because the cost of making steel in quantity was prohibitive. Then the converters invented by Henry Bessemer got going and steel became much cheaper. In Bessemer converters-little changed after 70 years-a powerful blast of air is forced through molten pig iron as it lies in the converter's capacious belly. The air oxidizes impurities which form a slag or pass off as gases through the converter mouth. After the slag has formed, the steel is poured into molds to make ingots...
...battery (price: 50? to $1) and two 45-volt "B" batteries (price $1.50 each). "B" batteries in average use have a life of 250 to 300 hours, but the smaller "A" batteries may have to be renewed after 100 hours of use. The average portable's running cost thus is approximately 1½? per hour, about three times that of operating a plug-in set on house current...
...late 1920's California citizens began to clamor for large-scale, low-cost medical care. Last November, when liberal Democrat Culbert Levy Olson was elected Governor, he promised to sponsor a State system of compulsory health insurance. This threat of "government interference" spurred the California Medical Association, which for over ten years had been hatching health-insurance schemes, to announce a counterplan...