Word: hardships
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...clothing and other consumer goods has been partially filled. The return to normal demand should put a crimp in prices. In any case, the spiral of wages & costs cannot rise indefinitely, as long as production is increasing. The fact that wages usually lag behind rising prices will bring acute hardship to many. But it will put an ultimate ceiling on prices. As purchasing power drops, prices will have to come down also...
Congressman Augustus W. Bennett of New York, back from Washington with his wife & three children, lacked the heart to evict the tenants to whom he had sublet, instead moved in with a friend. The hardship was endurable: in Utilitycoon John Wilkie's home, the Bennetts got "eleven or twelve" spare rooms...
Perhaps because it was so old, perhaps because it was so vast-an auto death on Main Street is still more real than news of 16,000,000 starving Chinese-its awful truth had never quite drilled itself into the U.S. consciousness. Winter, the traditional time of hardship, had passed. And now suddenly, in spring, when stalks of wheat were poking through the Polish earth, hunger stood on the world's doorstep...
...second year of the American Civil War, Christopher Kuester and his family fled to the U.S. from the hardship and ever-menacing hunger of peasant life in Germany. The year the Franco-Prussian War broke out (1870), they reached Cass County, where a heavily, German population had begun to put down American roots...
...before production could catch demand-prices, costs, and wages would be climbing skyward in a grand spiral. The clause guaranteeing a "reasonable profit" to producers, processors, distributors, and retailers is ludicrous; most have been making more than a reasonable profit for months. If price ceilings work a special hardship on a manufacturer, the individual case should be corrected; all ceilings should not be eliminated. Removal of food subsidies by the end of the year is especially ill-timed, coming at a moment when humane decency calls for a renewal of food rationing to help avert world famine. Without subsidies, food...