Word: insists
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Dates: during 1940-1949
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Harold Moulton's pamphlet attacks only the theory of deficits without limits, does not attack all government deficit spending. He does not try to prove that government debt is bad; he does insist that it must be controlled. In doing so he has given enthusiastic spenders plenty to think about, plenty to answer...
...year the U.S. produced 11.25 billion yd. of cotton fabrics - an alltime high that kept U.S. looms at practical capacity. But consumption was enormous too: the nation went into 1943 with retail stocks of fabricated cotton (2.96 billion yd.) barely equal to the year before. Government men still bravely insist that this year's production will be at least as high as 1942's, but the trade demurs: manpower is cruelly scarce, irreplaceable equipment is wearing out. Costs are up drastically and prices (except at the raw level) are fixed. None of this encourages producers to strain themselves...
Most Finns now believe that Germany will lose the war. But they insist that Finland must resist to the last, hoping that Russia will be so weak at the end that Finland can hold the territories which the Russians seized in 1940. The Finns refuse to believe that these territories-as vital to Russian security as they are dear to the Finns-would ever be theirs by a voluntary settlement...
...John Hertz one of the world's luckiest turfmen. A little over a year ago, Hertz was willing to sell the son of Reigh Count for $4,500. The colt's conformation was faulty: his weight and power had grown in front instead of behind, where experts insist it should be. His forelegs were slightly knock-kneed and he ran with his head held high like a show horse. He seemed destined to be no greater than his mother, a commonplace selling plater named Quickly. Since no one wanted the Count, he was put to work to earn...
...represented on any major committee in or out of WPB. Unlike all the czars, he had no recourse beyond WPB on any home-front problem. Example: when washing-machine production was stopped just as women went to work in war plants, there was no home-front voice to insist upon more repair parts for washing machines or to argue that laundries are essential...