Word: hawley
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Anxious to break the shutout, the Crimson started the second half fired up. Attackman Rob Hawley tested Bruin goalie Marcus Woodring just 15 seconds into the third quarter. After several minutes of pressure, he scored twice within 1:50, first off a pass from Rich Rainalai behind the net, then on a bullet from 30 feet...
...closest Harvard could get. The rest of the game was a back-and-forth trading of goals, each would-be Harvard rally quickly squashed by a Brown tally. High scoring Bruin freshman Ton Gagnon answered Hawley's goals with a pair...
...sometimes more than 20%. At the time, usury laws in nearly half the states set credit-card interest ceilings of 12% for balances of more than a few hundred dollars. Partly for that reason, Sears, Roebuck lost $83 million on its credit-card sales in 1981, while the Carter Hawley Hale chain of department stores dropped $74 million...
...locks the doors and windows and pulls the shades. Hypochondriac, jittery, paranoid, the economic system settles down to feed upon its own inadequacies. It sits in its slippers by the cold furnace and thinks about how well it used to make things, long ago. It disconsolately guzzles Old Smoot-Hawley, far into the night. Then it passes out. Another economy gone, as defunct as Mayan civilization...
What is wrong with protectionism? Americans for much of their history kept themselves snugly wrapped in protectionist laws. The famous Smoot-Hawley Tariff Act of 1930 set up the highest general tariff rate structure that the U.S. had ever had. One nation after another retaliated. The tariffs helped deepen the Great Depression worldwide and thus at least indirectly brought on World War II. Protectionists say that was an extreme case. No one wants to go back to Smoot-Hawley. Protectionists today want subtler, more modulated laws...