Word: lowering
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Dates: during 1930-1939
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...Deal was enough to arouse Solicitor General Robert Houghwout Jackson. An ex officio member of the House of Delegates, he advised his colleagues: "Let's not spend our time tilting against windmills. . . The fact is, the record of administrative tribunals is slightly better than that of the lower courts, where appeals were made. Federal agencies won 64% of their cases, while lower courts were sustained in only 54% of the cases appealed, over a ten-year period...
...fare, 4? Pullman fare. Finally, in 1936, ICC ordered them to cut to 2? and 3? respectively. The Eastern roads were furious at the order, would have fought it out in court had not the Baltimore & Ohio refused to cooperate. Passenger revenue, however, jumped as a result of the lower rates (Mr. Williamson's New York Central enjoyed a $7,000,000 rise that year...
...coffee ceremony to parallel the Japanese tea ceremony, it has paid coffee a typical American tribute: in Massachusetts in 1865 the percolator was invented. And nowadays a cornerstone of economic solidarity between the 21 American republics is the annual purchase of 13,000,000 bags of coffee-mostly the lower-priced coffees of Brazil, partly the quality coffees of Colombia, which are frequently used, as Turkish tobacco is used in cigarets, for blending purposes...
...middle class is not going to keep very much longer whatever it has that separates it from the lower class," claimed Granville Hicks '23, counselor in American History and Literature, in a speech at Wellesley College last night...
...efforts to bring farm prices into line, the New Deal has only three alternatives: 1) boost crop prices by controlling farm production, in which AAA I and AAA II have only partly succeeded; 2) lower prices of manufactured goods; 3) devalue the dollar again, giving commodity prices an inflationary shot in the arm. With new devaluation already threatened for the weak currencies of Britain and France, the homecoming of Ambassador Kennedy from England last fortnight hatched a new brood of rumors that the dollar's gold content was about to be cut from 59? to 50?. Asked about these...