Word: leveling
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Dates: during 1920-1929
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...loss, because the change in wages tends to lag behind the change of commodity rates. Hence the producer is forced to pay a higher wage than the lowered price of his commodity justifies. The only way to prevent this, is to keep prices up to the high level...
...least the peak has been reached and that for some time the price movement will be downward. For five years sellers have had their way. To grow rich all that was needed was for a merchant or manufacturer to stock up and wait for the market to reach a level agreable to him. Sellers having had a good time so long, it is only fair that buyers should now have a little opportunity to enjoy life...
...have mention of losing the true end from sight are those of men essentially good. There are bad men who intend to do wrong. Perhaps there would be little use in preaching to them; and it is probable that the aggregate inability of mankind to reach a higher level is due less to deliberate wrongdoing than to the defects of men who mean on the whole to do right. Jonah did no harm in the parable because God disposed otherwise; he lost sight of his object, not because he could not see it, but because...
...second day of the Republican National Convention, "the Old Guard" is firmly in the saddle. Lodge has been confirmed as permanent chairman and the enthusiasm which was lacking on the first day has grown to big proportions. Feeling between the Wood-Johnson delegates has reached a high level, with cries of "Hiram" coming from all parts of the floor...
...making this appropriation the trustees announce that "a careful statistical inquiry shows that in order to raise the level of salaries to a degree somewhat commensurate with increased cost-of living, their endowment funds would have to be increased by from...