Word: less
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Dates: during 1930-1939
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Advantages of geodetic construction claimed by Greenwood-Yates are that fuselages, wings, other parts, can be woven by unskilled workmen over molds; that construction is cheaper, faster, every bit as sturdy as any other kind; that a woven airplane is less likely to be bashed up by hits from machine-gun bullets, anti-aircraft shell fragments. Aircraft experts predict the average life of an airplane in war service will be only 30 hours, so Greenwood-Yates backers think that bigger Geodetics with larger engines may have a military future. Meanwhile, with a single-engined plane that sells...
...injection device which sprays fuel into engine cylinders to replace carburetors from which vaporized fuel is sucked by the engine. With injection, engine builders can use less volatile fuels, soon to be commercially available, cut down fire hazard...
...27th annual meeting. Turning its back on the Appeasement and the Administration (as the Administration has turned its back on the Chamber since 1934), the Chamber made a direct appeal to Congress for things that the New Deal won't give. It got no less than 300 Congressmen to come to its various dinners to hear a verbal barrage against That Man in the White House and all his works...
...down 35% from $35 last January; Consolidated Aircraft sold at $20¾, down 19% from $25½; Douglas Aircraft at $63, down 20% from $79. Aircraft stocks as a group were down a little more than 14% from their 1939 highs compared to a drop of a little less than 14% by the average of all industrial stocks -a fine performance for supposedly promising new war babies during an era of rearmament...
...wise: The second half of 1939 is expected to see Public Works expenditure decline from its 1938 volume of $880,000,000, offsetting by so much increased armament expenditures. If President Roosevelt decides to balance the budget for the 1940 elections the Government may actually put less money into the public economic pot after the rise in National Defense expenditures than before...