Word: lowerers
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Dates: during 1930-1939
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...biggest border town, is crowded with Mexicans, tourists, consumptives. Small Laredo has begun to rival it for Mexican trade, is counting on a boom as U. S. starting point of the new Pan-American Highway. Brownsville, once headquarters for Confederate blockade runners, is now a market town for the Lower Rio Grande's fruits & vegetables. Once a smuggling port known as "Colonel Kinney's Ranch and Trading Post," Corpus Christi ships cotton, with shrimp and oysters as sidelines. Port Aransas is the world's greatest crude oil shipping port and a famed fishing resort. Port Arthur, founded...
Beat The French! The Cunard White Star Line and upper class Britons generally deplored any suggestion that there might be a transatlantic record beaten, but everywhere among Britain's lower classes sailing day brought candid remarks by millions that "she'll beat the French!" In Paris and in London, confident booking clerks assured Queen Mary passengers that, leaving Southampton on Wednesday afternoon, she would dock in Manhattan on Sunday afternoon (four days). Aboard the ship sailed scores of passengers with tourist-agency coupons commencing in Manhattan with dinner on Sunday night...
...Washington, D. C. last week went Baritone Lawrence Tibbett, not to sing but to lobby. As president of American Guild of Musical Artists, Inc., Mr. Tibbett sought the ear of the House Immigration Committee. Chairman of that committee is a citizen of Manhattan's lower East Side named Samuel Dickstein, who made his political reputation framing tenement and kosher food laws. Mr. Tibbett had come to persuade Mr. Dickstein & committee that the present arrangement by which foreign musical artists are permitted to perform in the U. S. is far from kosher to the musical profession...
What has kept bonds booming ever since has been progressively lower interest rates. At first interest rates declined because there was less demand from businessmen for money, a normal depression phenomenon. Since the New Deal, however, the Treasury and the Federal Reserve Board, working in close harmony, have borne down on the money market with every available credit control, chiefly those whose manipulation tends to build up big bank reserves. One purpose of this easy money policy was to make private borrowing cheap, the hoary formula for reviving depressed business. So far U. S. businessmen have done little new borrowing...
...Harvard Planning Library is said to be the best in the world and judging from the demand for more and more trained men which the school has been endeavoring to meet since 1929, the instruction offered has not been regarded as of a substantially lower quality...