Word: lumbering
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Dates: during 1930-1939
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Keel of the Dollar Line was laid some 40 years ago by dour old Captain Robert Dollar who needed ships for his lumber business in the newly opened Pacific Northwest. A goat-bearded gaffer with a self-made man's canniness and mistrust of others, he drove many a skinflint bargain. In 1928, at 84, he wangled a Government ocean mail subsidy calculated to pay him about $3,000,000 annually. For some $9,000,000 he had already purchased on time from the U. S. Shipping Board twelve vessels then valued at almost...
...capitalist state is largely lifted in the Soviet State by turnover taxes. As a capitalist buys materials and adds a profit on to his costs before selling them, the State adds a turnover tax. Thus in Russia the State sells its own wood to its own sawmills, sells its lumber to its furniture factories, sells its furniture to the public-and collects a tax on each of these turnovers. It has been natural for Communist financial planners to get increased revenues for the State by inserting more and more turnovers with resulting complications-now to be ironed out by rationalization...
...Jones industrial averages) it had maintained for two weeks. Some thought this was a lull before a reaction, others declared it a pause while business caught up. Meanwhile, steel production rose again, reaching 39.8% of capacity, an eleven-point rise since prices were cut June 24. Lumber production and wholesale food prices were also up. Freight loadings were off more than seasonally, as was power production. Wheat prices broke to new lows for the year and bank clearings slipped $700,000,000 from the previous week, were 14.6% under a year...
...Producer Buell was soon to realize, was that without a few normal-sized folks for contrast, midgets appear much like other people. Next time out, Producer Buell's half-pint stock company will have something to stack up against. They will act out the legend of the mighty lumber man, Paul Bunyan, with a burly upper case actor in the lead...
...Southern lumber's $229,000,000 production was half the U. S. total. Southern fertilizer production was $97,000,000 against a total of $140,000,000 for the whole nation. From 1900 to 1935 the total manufactured production of the U. S. rose from $11,400,000,000 to $45,700,000,000; in the South from...