Word: lowe
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Dates: during 1930-1939
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...became a subordinate job of the D. o. J. for the next 14 years until righteous Frank Murphy came along. There has been plenty of kicking in the Department since his appointment last January, but the kicker has been Frank Murphy and the kickees a great raft of high-&-low-placed malefactors, not a few of them important members of Mr. Murphy's own political party...
...Axis capital to another, and no word of his policy appeared in their press; they were involved in a growing Polish-German conflict, but did not know how deeply; they were menaced by troop movements that had nothing to do with Hungarian conflicts. Result was that Hungarians high and low wanted to be Hungarians and nothing else. Whether the Axis ran from Berlin to Rome or from Berlin to Moscow, Hungarians were determined to close their ranks...
...Napoleon finally defeated in 1815. The Flanders Plain is protected to the East by the Belgian hills and fortresses of Liege and Namur. It is protected to the northeast by Belgium's new Albert Canal, built as much for defense as for commerce, and beyond that by low-lying Dutch country that can be flooded if necessary. But even with fortresses and canals and emergency breaches in the dikes, the Flanders Plain offers the least difficult road to Paris and the French channel ports. It is a road that should be captured in summer. Flanders mud is a potent...
...bearish market. Stocks rarely go up when falling commodity prices reflect business unwillingness to bid for materials for future use. This unwillingness was already apparent by July 22 when the Department of Labor's wholesale price index fell sharply on its way to a new post-Depression low (74.8% of 1926), again in early August when both the Dow-Jones Index of future commodity prices and Moody's index of spot commodity prices slumped sharply...
...only technological house cleaning has put U. S. Rubber in the black at this low rate of operations. Engineer Davis has swung a sharp hatchet cutting Rubber's debt from $101,572,400 to $42,144,000, its yearly interest bill from almost $6,000,000 to well under $2,000,000. Last May he got three insurance companies who own its debt to accept an interest cut from 4¼% to 3⅝% just as though he were hiring the money at the market...