Word: destroyers
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Dates: during 1930-1939
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...conflict momentarily with the views of one of its own high priests of industrial economics. Vice President James David Mooney, in charge of exports, had declared in his book The New Capitalism published scarcely two months ago: "High prices, particularly if they are out of balance, tend to destroy the interchange of goods, and cause a starved flow of goods to consumers. Such prices destroy purchasing power, dry up demand, create unemployment, and lower the standard of living...
...gives the clearest exposition of it extant. He deprecates the view that Lawrence's success as a leader of irregular troops came from innate genius, calls Lawrence a profound student of tactics, a military thinker. Basis of Lawrence's tactical scheme was to avoid battles, destroy Turkish material and morale. Says Lawrence: ". . . Suppose we were an influence (as we might be), an idea, a thing invulnerable, intangible, without front or back, drifting about like gas? . . . To make war upon rebellion is messy and slow, like eating soup with a knife. . . . The death of a Turkish bridge or rail...
...that rode him into power in 1932 had been coming a long time. "Theodore Roosevelt, who knew little or nothing of economics, sensed it; Woodrow Wilson, who knew little or nothing of finance, strove to anticipate it; the World War attempted to postpone it; Harding and Coolidge tried to destroy it, and Hoover to ignore it. ... Roosevelt is simply a symptom of that process and not its cause." The Old Deal is dead. "Whatever happens, the New Deal will go on-as either a peaceful revolution or a bloody one-for ten, 20 or 50 more years, until...
...tariff bill empowering the President to negotiate reciprocal trade treaties would "destroy industries in which 5,000,000 Americans are employed," Rep. Bertrand Snell, R., N. Y. charges as the House resumed debate on the measure...
...type will understand. . . . The critic is unpatriotic who contents himself with loudly proclaiming that that way, that method is no good; that it won't work; that it is wrong to do this. This critic contributes nothing -he is not constructive; he is unpatriotic because he attempts to destroy without even suggesting a way to build...