Word: downward
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Dates: during 1930-1939
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...fail to balance its budget as far as is necessary to the successful execution of its recovery and unemployment relief program. The specific result of such an expenditure of government flat would be a stimulation of physical production which would, as soon as it reached the markets, exert a downward influence on prices sufficient to offset the initial upward influence of the new purchasing power. And the elastic limit of physical production in this country is still a long...
...easy to defend. The withdrawal of Mr. Acheson serves to emphasize the perplexities that confront his successor. In fact the Treasury of the United States will have to get some help from President Roosevelt by way of assurances and pledges if future government securities are not to be driven downward in the markets of the world and if a way is to be found to get money for the government to carry on public works program without just turning on the printing presses...
...easy to defend. The withdrawal of Mr. Acheson serves to emphasize the perplexities that confront his successor. In fact the Treasury of the United States will have to get some help from President Roosevelt by way of assurances and pledges if future government securities are not to be driven downward in the markets of the world and if a way is to be found to get money for the government to carry on public works program without just turning on the printing presses...
...effect has been slight thus far but the advocates of the Warren plan insist that its full significance will not become apparent until about January, and that meanwhile the halt in the decline of commodity prices as revealed by the latest indexes is an encouraging sign. If the downward curve is stopped and even turns upward only a little each week, the results would be what the administration hopes to achieve...
...enforced politeness to an ojon, that I nearly died before I could pick a fight with some land dawdler or beat my wife about a trifle!" The Admiral of these pearl-fishers took a fancy to Juan, good-naturedly patted his head. "I did not wince, though that downward pat cost me a year's growth, since it shortened my neck. Men said that in moments of excitement the Admiral's love-pats had crippled many a woman; but they still flocked after him." At the missions along the road Juan heard many a tale of famed Father...