Word: lowerings
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Dates: during 1930-1939
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This unfortunate situation reveals two fundamental weaknesses in our American educational set up, which tend to destroy the effectiveness of our universities and lower their scholastic standings. First is that there are not enough young men in the country who can afford to pay for a college education, although there are many who have the ability. Second is that there are too many sub-marginal institutions which cannot operate at a profit, and thus are unable to keep up their scholastic requirements and standards. The result is that many institutions practically guarantee a degree to any student...
This advice is, of course, to: 1) lower tariff walls; 2) abolish quota restrictions; 3) stabilize currencies; 4) restore freedom of exchanges; 5) balance budgets. Having dropped in at the White House and made the rounds of Europe, M. van Zeeland picked five nations as the Great Powers most apt to take what he considers the standard brands of good advice...
Last week President Enriquez tackled Recession. Agreeing with his U. S. colleague, President Roosevelt, that higher, not lower, wages are needed (see p. 7), he decreed that private concerns must give raises of 15% for all employes earning less than 300 sucres ($24) per month, 10% to all earning 300 to 500 sucres. In the streets of Quito cheering, barefoot peasants wildly waved the "Panama" hats that are Ecuador's chief export manufacture...
...bite the hand of President Roosevelt, whose Treasury silver purchases from Mexico have alone saved the peso from collapse, was the scarcely brilliant move made last week by President Lazaro Cardenas. Well knowing that Mr. Roosevelt wants lower tariffs all around, that they are the thing dearest to Secretary of State Cordell Hull, President Cardenas blandly raised tariffs on most things Mexico buys from the U. S. by 100 to 200%. On some items he upped them...
What's to be done about all this? the Little Man wants to know. Rent strikes are shown. The tenants hope to force the landlords to repair the tenements and lower rents. But since the high price of building materials forces landlords to raise rents, what is the solution? More housing projects, says the Voice...