Word: crediteer
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Dates: during 1930-1939
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...that he and his comrades are being singled out to make sacrifices. . . . The regulations issued are but an integral part of our economy program. . . . I ask [veterans] to appreciate that not only does their welfare but also the welfare of every American citizen depend upon the maintenance of the credit of their Government and that every citizen in every walk of life is being called upon to share in this." ¶ Three days prior President Roosevelt issued orders clipping 15% from the pay of every Federal employe, civil and military. Excuse: Living costs have dropped 21.7% since 1928. Estimated savings...
...Secretary Wallace will be unable to buck the economic tide and the Roosevelt plan will go down as a failure along with the Hoover Farm Board. If all prices start to rise on a broad front, Secretary Wallace will be able to accelerate the advance of farm values, get credit for a shining success. The major factors which will decide the economic fate of the farmer, according to Pundit Walter Lippmann, are "the monetary policy of the administration and of the Federal Reserve System, by the policy of the Government in respect to tariffs and trade agreements and international debts...
...Prairie, like Carl Sandburg's poem which inspired it, aptly describes the hush which enwraps the flat midwestern farmlands, the far-away burr of threshing machines, the climactic glow of a sudden sunset and the grey, momentous calm which follows. A few carping critics were inclined to credit Poet Sandburg with most of the inspiration but the sharpness of Sowerby's musical perceptions, developed now into a unanimously praised skill at orchestration, showed itself long before Chicago's red-headed organist had heard of Poet Sandburg. He was six years old, living in Grand Rapids where...
...issued its report showing sales for the 13 months ending Jan. 31 down to $176,000,000 compared to $211,000,000 for 13 months ended a year earlier. Significant, however, was the fact that the company's deficit fell from $9,737,000 to $5,687,000. Credit for this goes to Sewell Lee Avery, able head of U. S. Gypsum, who a year ago, nominated by J. P. Morgan & Co., was made president of Montgomery Ward. He promptly scrapped retail stores, deadwood personnel, obsolete merchandise, last summer put out a catalog divided into departments like a department...
...make seven Atlantic crossings a year; competition from new foreign ships and reduced ocean travel cause so great a loss on each crossing that it eats up the Line's profits from other ships. Merchant Fleet Corp. which received only $1,695,000 cash and $5,000,000 credit for the ship in 1929 will probably do as requested, for its chief job is not to make money but to promote U. S. shipping. Instead of selling the government-owned ships at a profit, which was impossible, it has taken what it could get in order to have...