Word: fiat
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Dates: during 1930-1939
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...reviewed. Governor Sterling, eying the chaos around him, set about enforcing proration come what might. He maintained that his edict could not be reviewed by Federal judges. "But." said the Supreme Court, "if this extreme position could be deemed to be well taken, it is manifest that the fiat of a State Governor, and not the Constitution of the U. S., would be the supreme law of the land. . . . When there is a substantial showing that exertion of State power has overridden private rights . . . the subject is necessarily one for judicial inquiry. ... To such a case the Federal judicial power...
...tones tipped in. Typical of the latter was "The Forgotten Man," an abject figure asleep in a cheap doorway. Contributors to the first issue included such famed economists as John Maynard Keynes ("A New Monetary Policy for England"), Sir Josiah Stamp ("Our Price Level Problem"), William Trufant Foster ("Is Fiat Money Any Worse than Fiat Poverty?"). Among a group who discussed Mr. Foster's article was gloomy Richard Waldo, president of McClure Newspaper Syndicate. Books reviewed included Wages and the Road Ahead by General Motors' James David Mooney, The Dow Theory by Robert Rhea, The Banks and Prosperity...
Currency will be kept on the gold standard. The Bonus, with payment in fiat money, will not get by. In general the financial policy of the Democrats will be not to inflate currency but to scale down debts by indirect means...
...unthinkable that the Government should resort to the printing press and the issuance of fiat currency. Such an act of moral bankruptcy would depreciate and might ultimately destroy the value of every dollar in the United States. It would cause the collapse of all confidence and bring widespread ruin. Daniel Webster, 100 years ago, stated...
...take permanent possession of the Schneider Trophy last year without a struggle. But the Italian Air Force has ever since had its eye on the record of 408.8 m.p.h. held by Lieut. George H. Stainforth. To attack that record, the air force developed a Macchi seaplane powered by two Fiat 1,500 h.p. engines in tandem. To fly it. Air Minister Italo Balbo delegated a new pilot named Neri, a minuscule man whose exploits since he joined the force a short time ago earned him the nickname "Death Cheat...