Word: higher
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Dates: during 1940-1949
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Said he: "Our future prosperity [depends upon] an intensification of technological progress . . . increasing productivity [and] a constantly broadening distribution of purchasing power by an ever-improving ratio of prices to wages [i.e., higher wages or lower prices]. Unless the buying power of the masses, whose wants create markets, is progressively expanding, business will have to be content with a virtually static situation...
...cottonseed producers were happy. Southern Congressmen had pressured CCC to buy the seed from farmers at a support price of $46.50 a ton, higher than the local open-market price of $45 and under. Producers were, of course, the only ones happy. Processors, who turn the seed into cottonseed cake for cattle feed, com plained that they were unable to compete with the Government's purchases and get the seed they needed. Result: there was a shortage, though possibly temporary, of cottonseed cake and the price jumped from $60 to $68 a ton in six weeks.* This naturally made...
...usual, the U.S. consumer would probably have to shell out twice. He was already paying for the support price; by next spring he might be paying again in higher prices for steak...
...working for cultural exchange have had far more success, a fact recognized by both the Army and the State Department. Unavoidably, government connection puts all work of the ISD at a disadvantage from the start. But further, private organizations have generally operated more understandingly and have attracted individuals of higher prestige and greater vision. Few of the personnel in the ISD have been able to convince the Germans or the Austrians that our victory resulted as much from the vitality of a way of life as from material superiority...
...said that Harvard can help American higher education to save its vitality if it will demand that the Navy exempt all NROTC students from the present loyalty test...