Word: leveller
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Dates: during 1940-1949
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...Reduction of more U.S. tariffs. Though the general tariff level is down to the 1914 mark, the British insist that some of their best items for export cannot compete in the American market because of high discriminatory duties. For example, duties on woolen and worsted cloths can amount to 40 to 45%, clocks up to 150%, china tableware 35%, chamberpots ("sanitary earthenware if of vitreous china...
...called the "socialist theory on rats": he declared that "only eradication of the slums, overcrowding and hoarding would result in eradication of the rats." In the end, the councillors voted to go ahead with Rat Week, but decided to play it safe by keeping the bounty at the conservative level...
...months as Prime Minister, Louis St. Laurent, no man to show his hand, has dropped a few hints of what Canada can expect from him during his five-year term as his country's leader. On Parliament Hill, top-level government men have already labeled him "the most efficient Prime Minister Canada ever had." He has speeded up the poky, 19th Century office routine of Mackenzie King. Decisions come down so fast that his aides often worry that St. Laurent is too hasty. Cracked one: "What Mr. King needed was an animator; what St. Laurent needs is a brake...
...barometers of U.S. business, had been skittering down. It had dropped 33 points to 162 in July, indicating a 17% fall in overall U.S. production. Last week FRB reckoned that production was bouncing up again and that the index for August had risen, probably back to the June level...
...reach the $300 billion level, said Wilson, the labor unions, which had already achieved "monopolistic" power to "dominate and control the economy," would have to exercise statesmanship. "If the unions strive only to outdo one another in their demands, and Government-by-edict enforces an endless series of wage increases without regard to industry's costs, it will lead, inevitably, to nationalization of industry...