Word: distressingly
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Dates: during 1930-1939
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...Monstrous!" cried Laborite John Joseph Tinker. "I have seen this thing in the British Museum and I call it useless. If scholars like such things let them buy them and leave this £40,000 to be spent for the relief of poverty and distress...
...when Depression comes, one of the last they begin to buy again when it goes. Even before Depression, a 50% increase in the number of apartment dwellers reduced the demand for furniture in millions of families to little more than a few sticks. Meantime manufacturers piled up inventories of distress furniture, which led to inevitable price cutting and the ruin of 1,000 manufacturers, wholesalers and retailers in a single year (1932). The manufacturing industry managed to right itself last year, has been running on a fairly even price keel since last summer when business booked by wholesalers increased...
...Lake Michigan reached its lowest stage in a decade. The Mississippi was lower than it had ever been. On the Great Lakes, cargo boats went 25% light to get over the shoals. Aviators had to climb 5,000 ft. above Omaha to surmount sulphur-colored dust clouds. But the distress to navigators, airmen and city folk was nothing to the desperation of Midwestern farmers, as they watched their fields incinerate, their cattle actually perish of hunger and thirst...
Crude oil prices have held steady around $1 per barrel for eight months. Big companies are lifting distress gasoline stocks from the market. Gasoline prices have lately been upped over wide areas. The month-long strike of service station operators and tank-wagon drivers in Cleveland has been settled. There was talk of a fuel oil shortage. The industry's earnings for 1933 soared above those for 1932. At the American Petroleum Institute's semi-annual convention in Pittsburgh last week Consolidated. Oil's J. E. Dyer key-noted: "The oil industry under the code has made...
Certainly this general aim of making it possible for any brilliant man to come here is entirely to be praised. In this period of financial distress more than over before there is a very great danger that men who are capable of noteworthy contributions to the intellectual life of the University will be unable to make the trek to Cambridge. But there is one unfortunate aspect to this policy: the entire stress is being laid on concentrating small funds into a few large ones. This is like putting all one's eggs in one basket. It would be well enough...