Word: despotically
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Dates: during 1940-1949
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...same time Alcoa cut its price, starting Oct. 1, from 17? to 15? a lb. Although Jesse Jones, who announced it, had a part in its timing, the cut itself was part of Alcoa's benevolent-despot policy of cutting prices as production increased. The cut was made timelier by the coolness between Alcoa and newcomer Reynolds Metals Co., each of which distrusts the other's cost-price claims. In any case, it will save the Government about $15,000,000 a year on aluminum...
...could conceive him [Winston Churchill] in a great upheaval, he would be seen emerging in the role of what Bagehot calls 'a Benthamite despot,' dismissing all feudal ideas and legitimist pretensions, sweeping aside all aristocracies, proclaiming the democratic doctrine of the 'greatest happiness of the greatest number' and seating himself astride the storm as the people's Caesar-at once dictator and democrat...