Word: lowing
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Dates: during 1930-1939
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...Extension of the President's power to reset the gold content of the dollar as low as 50% of its old value (present value 59?). The Administration has not used this power, has no present plans for using it except in some emergency if the pound sterling and the franc should collapse. The Senate proposed to let this power (a threat of inflation) expire-in effect, to take it back into the hands of Congress until it is again needed...
...League of Nations High Commissioner. Poland's rights there are limited to the administration of customs, railroads, and foreign relations. Internally Danzig is autonomous. Thus the treaties which gave Poland an outlet to the sea through Danzig prohibit Polish military occupation of that outlet. On the Westerplatte, a low bank at the entrance to Danzig Harbor, however, is generally harbored a small garrison of Polish troops which guards a Polish ammunition warehouse. Behind those troops is an incident of 1920, when German Communist dock workers held up a shipment of arms to Poland, then fighting for its life against...
...made how much revealed some disquieting statistics. Of the 660 stations in business, 419 made money, one broke even, and 240 were in the red. Of the luckless 240, 175 were "teakettle" stations doing a time-sales business of less than $25,000 a year, most of them low-wattage local stations. The 350 network-affiliated stations as a group had 77% of the industry's revenue...
...Steel prices wobbled as all companies cut sheet prices $8 per ton to the low reached in the brief price war two months ago. Steel estimated that the price cuts would cost the industry somewhere between $13,200,000 and $50,000,000, reported that one typical producer (on 50% operation) was losing $12.50 on every ton of sheets he turned out to sell...
...independent producer, thoroughly undercut the trust's prices in 1933 and 1934. But in the spring of 1935 the Syndicate, thanks to German control of Spain's oldest potash company, made a tentative deal with Spain. Immediately the world price snapped back from its trade war low...