Word: lavishly
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Dates: during 1930-1939
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Australia was "discovered" a score of times before the landing of Captain James Cook in 1770, but the discoverers always sailed quickly away from what they thought to be a barren, blasted land populated by brutes. This autumn Australia has played lavish host to George V's third son, Henry, Duke of Gloucester, who sailed home last week after his most exhausting royal chore since Abyssinia (TIME, Nov. io; 1930). From one end of the Commonwealth to the other, H. R. H. has helped celebrate the 100th anniversary of the day when one Edward Henty landed a stake of cattle...
...uncertainty which paralyzes business today. It is this ghost of inflation which hovers over financial circles and prevents a restoration of confidence. As Dr. Kemmerer ably pointed out. It is the federal deficit which constitutes the chief threat of inflation. As long as the government continues its policy of lavish expenditures, as long as a glittering flood of gold purs from the Treasury, no honeyed words of the President can banish the fear inspired by the prospects of monetary manipulation. Regardless of its temporary effects on unemployment, any plan which contemplates the expenditure of billions of dollars is detrimental...
...appointed to the sub-committee of nine which sweated to frame the convention's Bonus resolution. Meantime, their fellow-members, on record as resenting the President's remark that they were better off than "the average of any other great group of our citizens," held lavish carnival, with elaborate floats and trick uniforms of every hue, from noon until night along Biscayne Boulevard...
During the past week there has been little change in either the direction or velocity of the various business currents which afford a cross-sectional view of he recovery movement to date. Characteristic of the past several weeks, certain sections of industry readily respond to the continued lavish flow of Federal funds like the froth on a pitcher of near beer which fails, however, to have any real exhilirating effect. Until the heavy industries react in convincing fashion, which can only come from renewed business confidence, government spending will only produce evanescent results...
...States have often been accused of gross extravagance. Mr. H. L. Menckerr and others have bitterly denounced what they consider the too splendid buildings, gymnasium, swimming pools, and manual training shop of city and even rural schools. The present crisis in education, they say, is the direct result of lavish expenditure in better times, when boards of educations piled up huge bonded indebtedness. Now, with no money and less credit, the educators are paying for the sins of their predecessors...