Word: elasticize
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Swiftly after the War, U. S. railroads began to lose their 50-year-old transportation monopoly. To oil and gasoline pipe lines, trucks and government-subsidized barge lines, went their freight. To buses, airplanes and private cars went their passengers. Traditionally as reactionary as bankers, railmen were slow to reach...
That best-selling behemoth, Anthony Adverse (TIME. June 26), set the pace for what may well be a rout of historical novels in the U. S.. but that pace is a little too hot for Jonathan Bishop. In a story of such length and scope as Anthony Adverse the...
As for Mr. Douglas' Middle Class, there is only one justification for retiring government bonds with taxpayers' money; for destroying their, the taxpayers' purchasing power in order to cancel government obligations; and that is the maintenance of a reasonably stable price level. Any other excuse for canceling bank deposits in...
Like so much featherbrained Paris fun which leads on to the fashion, the mode started with a Mae West Party given on the platform restaurant of the Eiffel Tower by Mrs. (not Mme.J Denys Trefusis. She is by birth one of those Keppels who keep up the tone of British...
"A managed currency is inconceivable as affording an international monetary standard," cried Signer Jung. "As for monetary systems based on price indices and other elastic measures this is our opinion: no unit of measurement for the productive efforts of nations and for the coordination of the various productive activities within...