Word: graveness
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Dates: during 1940-1949
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...manifestation of a larger maladjustment which afflicted American society before the war and will continue to do so after it. This maladjustment results from two fundamental and unresolved difficulties: 1) the relation of management and labor; 2) the control and ownership of the tools of production. Unless these grave problems are solved in the spirit of what he calls "American radicalism," he believes the U.S. will be embroiled in civil war at home, unable to fulfill any but an irresolute role internationally...
...last week for talks with U.S. postwar planners was England's pink-cheeked, birdlike Sir William Beveridge, with his bride. The author of Britain's famed proposal for "cradle to grave" security through compulsory insurance kept his arrival secret for two days, finally emerged at a press conference in the sumptuous offices of the Rockefeller Foundation...
...oasis and wondering if anybody remembered Micky Scott of Our Gang comedies. To Major General Terry Allen it was a satisfying pride in his 1st Division and an occasional chance to talk polo with a British major over a cup of tea. To many another soldier it was a grave in a clearing at Bèja, in the Valley of the Medjerda...
...substantially built, therefore the U.S. hunger for machines to build the machinery is almost satisfied; 2) the wartime production of new machine tools will leave the postwar U.S. with enough tools to starve every builder out of the business. Conclusion: the industry is firmly, patriotically digging its own grave...
Some facts support the grave-digging theory. In the prosperous '20s the "sound value" of all the machine tools in the U.S. was around $750,000,000. At the end of this year the corresponding figure, after depreciation, will be around $4 billion -and the average useful life of such tools (overlooking obsolescence) is from 15 to 20 years. Last year the industry shipped a fabulous $1.3 billion of tools, seven times its 1929 high, ten times its 1919-35 average. This year shipments are off more than 10% from last December's peak; new orders are coming...