Word: low
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Dates: during 1930-1939
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...late 1920's California citizens began to clamor for large-scale, low-cost medical care. Last November, when liberal Democrat Culbert Levy Olson was elected Governor, he promised to sponsor a State system of compulsory health insurance. This threat of "government interference" spurred the California Medical Association, which for over ten years had been hatching health-insurance schemes, to announce a counterplan...
Ford, whose philosophy is based on low prices and big volume, took his time shopping for his 50,000 tons. For weeks he dangled the bait until big time steelmen forgot that the price of 1,000,000 tons was at stake, enough to keep U. S. continuous rolling mills busy for more than a month, while 50,000 tons add up to a couple of days' work.* By October 1, steelmen were in a competitive lather...
...curtailment? How soon will the auto-steel logjam break, so that Detroit can again lead U. S. business to another upturn? And, more philosophically, do price reductions pay when they don't coax new business out of hiding? Meanwhile, the copper industry demonstrated that Henry Ford's low price-big volume doctrine is still worth something. Last week, copper companies, who recently got new orders by cutting prices from 11¼? to 10¼? a Ib. (TIME, May 15), found orders again drying up. So Kennecott Copper Corp., big Guggenheim unit, cut the price to 10? and other...
Paradoxical though the shortage is, it is precisely what the Government's cotton policy was supposed to accomplish. On the 1937-38 tremendous crop of 19,000,000 bales the Government offered to lend farmers 9? per Ib. The market prices went as low as 8?, with the result that the Government's cotton holding jumped to 11,400,000 bales. Secretary of Agriculture Wallace would like to sell some of his cotton now, but the Southern Senators, riding a rising market for their constituents, will presumably see to it that no Government lint is released so long...
...Friday the six-man Crimson team of Ace Cordingley, Bob Graves, Captain Jack Barr, Henry Thompson, Watty Dickerman, and Don Elbet competed for the team crown. Scores of the low four men count, and the quartet of Barr, Thompson, Cordingley and Graves turned in a total of 306, good enough for first place...