Word: depressionitis
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Dates: during 1950-1959
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out of a depression. In contrast to F.D.R., Eisenhower rejected the New Deal doctrine that Government should move further toward direction of the economy.
The Arsenal. If a depression threatens, the President has a second line of defense.
Taking inventory of his whole program, Old Soldier Dwight Eisenhower saw a whole "arsenal," from tax policy to public works, to make war on depression. Said his report: "We shall not hesitate to use any or all of these weapons as the situation may require."
Died. John Daniel Rust, 61, onetime migrant worker who, with his brother Mack, devised the first successful mechanical cotton picker (1927); of a heart attack; in Pine Bluff, Ark. When Inventor Rust demonstrated his machine (which did the work of 50 to 100 field hands) in 1936, depression-weary Southerners...
Author Rennie gets her Arizona landscape down effectively with a commendable minimum of adjectives; even that tired old setting for fiction, the boom town, is done with simple freshness. The Blue Chip ends neither happily nor unhappily, but inevitably. When a financial depression and uncontrollable underground water combine to ruin...