Word: latters
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Dates: during 1930-1939
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...wonders throughout the book if perhaps this man was not a cold-blooded scientist and administrator who cared little for his family and friends, for it is not until the latter half of the book that much is told of his personal and unofficial affairs. The story of his life as head of Harvard is limited to his academic struggles, and not until a later chapter is the other side of his life revealed. At first one may question this manner of narration, but had the details of his non-official life been included in the saga of his official...
TIME, Feb. 26, p. 10, "The Democrats of the House were bitterly determined that the nation's No. 2 hero should not be heard criticizing the nation's No. 1 hero for the latter's peremptory cancellation of all domestic airmail contracts...
...government's new plan is to increase the total amount to be given labor. This is to be accomplished by an increase in the pay envelopes all along the line. This means added costs. It also means less profits for stockholders. The latter aspect will not cause much gnashing of teeth or weeping nowadays, for stockholders as a class are supposed to be a relatively small number of persons anyway. They are expected to benefit some day when prosperity comes back...
...group meetings of the code authorities, Dr. Hettinger, one of the NRA's own economists, in a frank debate with General Johnson questioned the soundness of the latter's request that hours be decreased and payrolls augmented too. The objection made was against any inflexible rule or percentage. It was asserted that the consumer industries are in good shape and that less than ten per cent of the unemployed today are from those consumer businesses, whereas reliable figues show that 90 per cent of the idle originally were at work in heavier industries or service businesses related to them...
...principal difficulty will arise with union; labor. The latter have always fought side by side with the projectionists. Many of the NRA codes could not have stood higher wage levels had it not been for the assurance that the embargo power would be used, if necessary, to keep out products manufactured in countries where lower wages and, by comparison, lower standards of living were in effect...