Word: grounded
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Dates: during 1930-1939
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...whole, it's a well balanced outfit with several promising prospects that looks as if it may develop into a team and not just a practice ground for future prima donnas...
Viva Il Re! If Italy loses her fight to remain neutral, what side will she join in war? The Fascist regime's prestige was staked on the German alliance, and every doubt about that alliance indicates that the regime is slipping. Those with ears to the ground in Italy (and Signor Mussolini is one of them) know that the Italian people have always disliked the German alliance. There are more than 1,000,000 Italian World War veterans who fought against Germany. Throughout Italy there are monuments to the Italian dead of World War I. After more than...
...Buick ($500,000 a year) to retire at 44 from an industry that wouldn't let him quit, who had later founded blazing Chrysler Corp. on the ashes of the dying Maxwell-Chalmers fire, had agreed to buy Dodge. The price suited Walter Chrysler, right down to the ground: $170,000,000 in new Chrysler stock. Without turning over a penny of cash Chrysler Corp. had taken over all the floor space and forge and foundry facilities it needed to drive from No. 5 in the industry to the No. 2 position it holds today. (No. 1, General Motors...
...already placed. Chief worry of the industry right now is how to keep the operating rate (last week: 87.5%, this week 88.6%; buying by consumers took up about 70%) above 85% of nominal capacity without dangerously deferring repairs, cracking up expensive new machinery, running shaky old machinery into the ground. Even small marginal companies like Tycoon J. H. Hillman Jr.'s Pittsburgh Steel Co. were defying the rule of producing with 85% of capacity and rotating 15% under repair, were actually smelting ingots at better than 100% of nominal capacity. Bethlehem's battery...
There is justice in this demand. The League would have been on surer ground had it endorsed embargo repeal, and frankly based its campaign for members on that ground. It would have commanded more confidence had it promised a definite stand on future issues, such as the extension of unlimited credit to the Allies. Of course, there will be difference of opinion; of course, a definite commitment will alienate portions of the League. But real unanimity is impossible; and attempts to cover disagreement under the mantle of generality amount to self-deception...