Word: impoverishment
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Dates: during 1930-1939
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...public debt: "Our national debt is after all an internal debt owed not only by the nation but to the nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children...
Last week Das Schwarze Korps, descended from appalling generalities to particulars. It proposed this program to destroy Germany's Jews as follows: first impoverish them; this will end in the Jews' having no other means of livelihood than to descend to criminality; "at this stage of development we should therefore face the hard necessity of exterminating the Jewish underworld in the same fashion in which ... we exterminate criminals generally?by fire and sword...
...state of affairs in Music 1, which is the basis of all musical study at Harvard, is an incredible as it is true. Since most departments depend on large elementary courses for their greatest earning power, it follows that to cut down on Music 1 is to impoverish the whole field. This, in effect, is the University's policy, which extends an evil instead of eradicating it. With a few years of support and expansion, there is every reason to believe that Music like any other field could of its own accord blossom forth and bear fruit...
Aside from the obvious aspects of a stock boom, inflation cheapens the currency and raises the cost of living. Rocketing prices will swiftly impoverish any organization depending on bonds and mortgages, yielding as they do a fixed interest. Income will no longer command the goods and services needed to continue operations...
Hoover began with his restrictive Chamber of Commerce Codes; Roosevelt continued with his National Recovery Administration. Hoover began with his restrictive high tariffs; Roosevelt continued with his absurd Agricultural Administration. Both Presidents, if they had deliberately set out to intensify the depression, to impoverish the country, to keep people out of work, and to give free rein to all the formerly illegal, antisocial, restrictive, monopolistic practices, could not have designed more effective programs to secure this effect...