Word: demanding
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Dates: during 1930-1939
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...general upward tariff revision in twenty five countries. In two principal ways these rising tariffs have undermined the world's prosperity--first, by misdirecting the investment of capital and thus prolonging and aggravating many maladjustments which had grown up during the war between the supply of commodities and the demand for them; second, by preventing trade from adjusting itself to the new international debtor-creditor relationships created by the war and the peace treaties...
...easy to see why rising tariffs have prolonged and accentuated many of the war-time maladjustments between supply and demand. When the world is divided by trade barriers, a new duty or an increase in an old one may lead an industry to expand behind the tariff, despite the fact that the demand for its output at a profitable price does not equal the productive capacity already in existence, but located in other countries. Maladjustments thus aggravated by tariffs, did not directly precipitate the collapse of prosperity but they did weaken the economic position of many countries and reduce their...
...facts Congress passed the Smoot-Hawley tariff. Duties were raised or new ones imposed on commodities whose import value in 1928 was $1,133,000,000, while duties were removed or reduced on articles of import whose total value in 1928 was $214,000,000. This amounted to a demand on our part that the world pay us less in goods and more in gold, despite the huge hoard which we already possessed, the weakness in many currencies and the dire need of debtor nations for a better opportunity to sell goods...
...prosperity is to be fully restored one of the things to be done is to stimulate the demand for labor and goods by reviving investment on a large scale. This, in turn, requires not only political stability in the countries which seek capital but also moderation in tariffs--particularly those of the lending countries--in order that the flow of trade may adjust itself to the distribution of international investments and that nations may borrow without jeopardizing the stability of their currencies. Of particular importance is moderation in our own tariff policy...
...said George Gershwin, well-known composer, as he came off the stage of Symphony Hall Saturday night. He had just finished playing his new concerto with the Boston Symphony Orchestra, which he played for the first time in public at the regular Friday evening concert of the Orchestra. The demand was so great to get tickets for the two regular concerts that a precedent was set by having a special Saturday noon performance, the first noon concert ever played in Symphony Hall, as far as is known...