Word: glutting
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...days. Sir Walter Scott, whom he once adored, he now rejects as "balderdash."And "even Shakespeare I find, nowadays, to be somewhat futile reading matter. "As for writers. in general, he offers a prescription and a characterization. The prescription: "A sufficiency, or rather, let us so name it, a glut, of love dealings, no matter whether they should turn out to be joyful or disastrous, will increase his power to write." The characterization: "All writers, even those who bask in the splendor of a 15th reprinting, remain mentally unbalanced." After a lifelong career blowing literary soap bubbles, Writer Cabell feels...
...similar rollbacks at retail levels. Potato growers promptly protested. They thought that supply & demand would cure the high prices just as they had the low. Their sensible argument: to cash in on the high prices, potato growers would soon raise so many potatoes that the U.S. would have a glut again-and prices would drop...
...Those who had sold at low prices felt cheated by the new estimate, which immediately started cotton prices rising close to the ceiling. Last week's estimate was a full 11% less than the first crop report in August. The Agriculture Department said that instead of a glut, there will scarcely be enough cotton to satisfy the domestic demand...
...Nylon Glut It was a buyers' market, with a vengeance, for nylon stockings. Thrifty U.S. shoppers could buy sheerest-gauge, unbranded nylons last week for as little as 89? a pair, v. $1.20 earlier this year. Reason: when the Korean war began, shortlived scare buying caused manufacturers to turn out so many nylons that they glutted the market...
...rush out and plant the biggest crop in 15 years. Last week, when the Agriculture Department announced that the 1951-52 crop will total 17,200,000 bales, a whopping 1,200,000 bales above all previous expectations, cotton men were singing a different tune. Now that the glut has pushed the price down to 35? a Ib., they want the Government to step in. Six months ago, they opposed a ceiling; now they want a higher floor. At present, under the price-support formula, they can get Government loans which assure them a minimum...