Word: leveler
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Dates: during 1930-1939
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...Captain Sundstrom and his deck force, which distinguished itself for cool efficiency, had all passengers in life belts at boat stations along the lee rail. Boats were swung out to deck level and stewards passed up & down handing out fruit, sandwiches, coffee. And then the wait began. For a full hour passengers stood around for the order to go overside into the howling night. But the order did not come. Captain Sundstrom knew that to put out boats was certain death. The passengers began singing The Man on the Flying Trapeze. As soon as it appeared that the Dixie...
From the Administration standpoint the advantage of the 9? loan & subsidy plan was that it would allow the price of cotton to seek its natural level and thereby encourage cotton exports which have fallen off badly as a result of the pegged price. This long-range advantage did not appeal to Southern Senators. They bellyached mightily to the effect that a 9? loan sounded cheap and shoddy to their constituents who had learned to expect bigger and finer things from the generous New Deal. Unexpressed, but probably more potent, was the fact that Cotton Senators knew that cotton mills...
...hauled in rickshas by college coolies [TIME, Aug. 5 ]. This short haul idea will spread and does not need endorsement. The rider gets a superior feeling. The puller gets needed cash. Industry has a new article to manufacture and in time we forget we've sunk to an Oriental level. Promoters will circus ricksha marathons and soon the fine points of the white human horse will be contrasted with those of the black one. Personally I'd back my old Chinese puller against the finest any college could turn...
...speculators took the bit in their teeth and ran the world price up to 81¢ per oz. Mr. Morgenthau, who has little sympathy with speculators, promptly got out of the market. Soon thereafter the price of silver began to coast down hill?down, down, down to last week's level which caused angry silverites to assume that the Treasury had quit buying for good. Secretary Morgenthau's announcement that he had bought more than 25 million ounces of silver in one day was aimed to deflect their wrath...
...that they must take the 10% wage cut State servants must take. But this sternness M. Bertrand followed by a question. Would the French Line crews go back to work at 10% lower pay if given overtime work regularly enough to bring their total earnings up to the present level...