Word: demands
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Dates: during 1920-1929
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...James Byrne has been elected a member of Harvard's corporation, and very ably representative qualities he brings to his new position. There is always a demand, as there is a need, that the fellows of the University should not be wholly drawn from among men resident here in Boston, however much it might contribute to the prompt and easy despatch of Harvard's business to have them so chosen. Since the death of Mr. Robert Bacon, this need of outside representation had gone unfulfilled. Mr. Byrne's appointment supplies it. A New York lawyer of the first rank...
Birmingham's organization of an "Overall Club," whose members agree to wear only blue denims, is a sensational but, we fear, ineffective method of trying to break the high cost of living. The old economic law of supply and demand is not yet dead and buried, and if there is a universal increased demand for an article its price is sure to rise. At the first notice of the Overall Club's formation, indeed, Birmingham dealers boosted the price of overalls from $2 to $6 a pair...
Real living costs can be reduced in but two ways, either through increasing production or through decreasing consumption. For consumers merely to divert their demand to new channels can have no effect on prices in general. So long as the public continues to spend all it makes, prices will stay up. Economizing through wearing overalls may slightly reduce the price of other clothes, but if the amount so saved is spent on other goods,--food, automobiles or diamond rings--the prices of those articles is bound to rise in response to the increased demand. Only through greater production and general...
...utter breakdown of the demand for the war criminals made Germany think that she could act with utter impunity in whatever she chose; and this point of view was only natural. Such a demand ought never to have been made, or else, once made, it should have been backed up by united action. The faults of the Treaty of Versailles are, indeed, well exposed by the recent series of events. Most clearly of all is exposed our own fallacy in thinking that the Treaty could ever be self-executing. Without the League, the Treaty possesses no constructive or motive principle...
...fixed on a cost of living basis. This idea is pernicious and intolerable. It means putting progress in chains and liberty in fetters. It means fixing a standard of living and a standard of life and liberty which must remain fixed. America's workers cannot accept that proposition. They demand a progressively advancing standard of life. They have an abiding faith in a better future for all mankind. They discard and denounce a system of fixing wages on the sole basis of family budgets and bread bills. Workers are entitled not only to a living, but modern society must provide...