Word: depressionitis
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Dates: during 1950-1959
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Required by law to send his fiscal 1958 budget to Congress last January, Dwight Eisenhower soon made it clear that his Administration was still trying to find ways to shave the record-breaking $71.8 billion. Later, after Treasury Secretary George Humphrey set off a clamorous flap by predicting that big...
Depression Panacea. Social Credit took its original inspiration from the funny-money theories of Britain's Major Clifford Hugh Douglas, who argued that the state should issue certificates of credit to all citizens, thus provide abundant purchasing power to stimulate and absorb production in a free-enterprise economy. The...
By last week Washington was strewn with the wreckage of the demolition job that U.S. Treasury Secretary George Magoffin Humphrey began last Jan. 15. On that day Humphrey held a press conference to explain the latest Eisenhower budget. His prepared statement, written with White House assistance and approved word for...
Two minor parties will also batter the entrenched Liberals. The strength of the socialist Cooperative Commonwealth Federation has shrunk in an era of contentment and prosperity, seems unlikely to add many seats to the 22 it held in the last Parliament. The Social Credit party, a depression-born agrarian movement...
Patented Flowers. The company's dominance of the field comes from the more than half a century of rose-growing and selling experience of President Charles H. Perkins, 67. Apprenticed at twelve to an uncle who founded the company in 1872, Charlie Perkins bought control in 1928, had a...