Word: leveler
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Dates: during 1930-1939
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...surface, seemed to indicate a more sympathetic attitude of business toward Congress. This was a $4-a-ton cut in the price of cold rolled steel sheets, on the same day that U. S. Steel Corp. signed a new contract with Labor maintaining wages at the same level as before Only last month President Benjamin Franklin Fairless of U. S. Steel wrote the Senate Committee to Investigate Unemployment & Relief that "it is clear that prices cannot be reduced without corresponding reduction in costs, of which wages are the most important part." This produced the following retort from President Roosevelt...
Since February 1933, the general U. S. price level has risen 32%, cost of living 24%, prices of farm products 118%, wholesale prices 45%, Moody's index of spot prices of basic commodities 140%, prices of copper 188%, lead 115%, eggs 73%, flour 69%. Listing these figures and many others in the December Atlantic Monthly, Princeton Professor Edwin Walter Kemmerer commented: "That is inflation." Economist Kemmerer expects commodity prices to rise some 69% more and the cost of living to double. Nor is this a lone-wolf stand. Harvard's Professor Melvin Thomas Copeland made similar predictions last...
...power. Two years ago he decided to publish some of the same books and some new ones for French and English-speaking countries. Printing first editions of between 70,000 and 100,000 copies, Publisher Horovitz has been able to bring his prices down to the popular novel level. Scholars and critics respect them because European scholars and critics of authority collaborated in their making. Craftsmen admire them because their reproductions are the result of painstaking care and patience which has often extended to six months' labor on a single plate...
...Kimball arranged a big exhibition of WPA art, the first time Philadelphia's Relief artists have had a decent chance to show their work under public auspices. The Philadelphia Record's Dorothy Grafly, ablest art critic in the city, previewed the show and reported that "the general level is higher than that displayed in many a non-relief exhibition." What, therefore, was the surprise of Philadelphians converging on the museum that afternoon to find 60 pickets from the Artists' Union and from the Barnes Foundation at Merion, Pa. plodding grimly before the various entrances. Their signs proclaimed...
...this way those men deserving of an education would be able to obtain one, and at the same time the intellectual requiremnts could be kept at a level sufficiently high so that the "aimless" student, or the individual who does not possess the intellectual calibre for university work, would be excluded. This latter category often has fine abilities along different lines, other than the academic, and should not be allowed to waste their ability in work for which they are not suited. Universities which must lower their academic standards, in order to cater to as large a group of tuition...