Word: levelers
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Dates: during 1930-1939
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...years the majority of American people believed that the higher the tariff, the higher the wages and the general level of prosperity in the country would be. Now they have learned the grim lesson that with the highest tariff the country has ever had, more than 13 millions have no wages...
Unlike U. S. racetracks, the Epsom course is not flat. For a half-mile it runs uphill 100 feet till it reaches Tattenham Corner, slopes downhill to a level stretch, then rises at the finish. Tattenham Cor- ner, named after a manor house which mysteriously disappeared, is a dangerous hairpin turn with a sharp downdrop. At the start of the race, Hyperion's jockey, Tommy Weston, let his stablemate Thrapston take the lead. On Thrapston was Steve Donoghue, winner of six derbies, the oldtimer who rode Papyrus in his match race against Zev in the U. S. ten years...
...successful Time and leaves the American Mercury to slide into the quiet tenor of bankruptcy. Perhaps Polity can afford the limitation on popularity which its mild and legal tone must impose. It has, at any rate, begun bravely, and were its book reviews to be elevated to the high level of its featured articles, it would have earned an even clearer title to merit in the rather private field its editors have chosen...
...bill just passed by both houses of Congress would rivet upon their institutions what they considered a monstrous system of guaranteeing bank deposits. Such a system, they felt, would not only rob them of their pride of profession but would reduce all U. S. banking to its lowest level. They saw their deposits which they had spent a lifetime to build up and protect with their good names confiscated by the Government to pay for the mistakes and dishonesty of every smalltown bankster...
...London Conference opens, there is little point in France's taking part. Following this idea, wires were pulled from Paris last week to set up an international equalization fund, similar to the British pound equalization fund, to peg dollar, pound and franc at or near their present level...