Word: leveler
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Dates: during 1930-1939
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...functions and organic vigor of the body. The massaging action of the abdominal muscles needed to keep the internal organs in a state of tonus is provided by the leg thrash, which is controlled by muscles originating on the pelvis. Circulation is speeded. The heart, more nearly on a level with all parts of the body, adjusts easily to the extra energy demands. Muscular contractions demand an increased supply of oxygen. The depth and rate of respiration are accelerated. Continued exercise in the pool makes for depth and fine breathing adjustments. Assimilation and elimination are taking place faster than usual...
...Bureau of Agricultural Economics, the number of hired hands per 100 U. S. farms increased from 73 in the spring of 1935 to 89 in the last planting season. Average farm wages, with board & room, rose from $19.11 per month to $20.89. Farm income was running at the highest level since 1930. Drought, particularly in the Northwest, is the weak spot in the current farm picture...
...story is the long struggle of the Southern sharecropper for the right to buy food, gin & sell his part of the cotton crop wherever he wants, instead of where the landlord wants. Still older is the story of the sub-subsistence living level of some 2,000,000 Southern tenant farmers. But a newer and somewhat brighter tale is that of the incipient cropper colony movement, both public and private...
What SEC wants is to jack up the standards of corporate trusteeship to the high level of personal trusteeship, the responsibilities of which have been clearly defined through centuries of court decisions. In law a personal trustee is supposed to act like a mythical character called the "prudent man." That implies active defense of the beneficiaries' interests and a definite liability for losses through negligence. But the combined skill of lawyers representing the borrower, the banker and the trustee (but never the investor) have reduced the duties of corporate trusteeship to a few clerical motions, the liabilities to virtually...
...clocks for Westinghouse. In a normal year the clock industry sells $35,000,000 worth of time instruments. but "normal" is now only a sweet memory. In 1932 the figure was down to approximately $13,000,000. Last year it was around $25,000,000. With business at that level GTI was able to make...