Word: lowers
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Dates: during 1920-1929
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This means two things--First, the Continental Stores are taking an enormous loss and that you can buy the best clothes today at prices lower than you'll be able to purchase in the next two years...
...being tied up by the hundreds and finding nothing to do. Our ports are filled with them. Why? It is partly because our labor requirements are so onerous that shipping of other countries that doesn't have any such conditions imposed upon it by the government can made lower freight rates and therefore take the business, and partly because the cost of building these ships has made such a large capital charge against them that it is difficult for private companies to purchase and operate them successfully...
Subsidies were given only on condition that all these faults were to be done away with. Ships had to run on fixed schedules and made lower rates to the public than before. The service was maintained under government inspection, under fines and penalties for failure in any particular, these fines being deducted from the subsidy. And if any ship refused freight at any port the owner had to call this fact to the attention of the government inspector by cable, if necessary to the next port, and if the inspector found any unused space on the ship, the ship owners...
Although very reluctant to enter upon this new policy, once tried the ship owners were very enthusiastic. They found it paid to maintain regular schedules at lower rates, with good service. Coincidently with this the government put its own steamers on unprofitable routes, that is, routes on which there was not enough freight offering to tempt commercial liners to undertake them. The idea was that the existence of this service would create a business and encourage production. It had this effect and within a marvelously short time after these routes were established business became so good that commercial concerns would...
...other times Gorky cannot reconcile this god-like side with his coarse peasant brutality or his willingness to lower himself to the level of other men. "Sometimes he seems conceited and intolerant like a Volga preacher, and this is terrible in a man who is the sounding bell of the world." If Tolstoy had let him, Gorky would have worshipped him; as it was he feared, despised, worshipped all at once, but fundamentally he was ever somewhat overawed by the realization that Tolstoy was a genius and a superman. "I saw him once as perhaps no one has ever seen...