Word: means
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Dates: during 1930-1939
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...success of a democracy depends upon the education of its people. . . . By education I do not mean technical training. Nothing can ever replace the well rounded cultural education which alone can form the basis for a full life and sound political judgment. . . . America today is materially richer than any civilization has perhaps ever been, but we are spiritual paupers and no one can deny...
...that does not mean that such price reductions can come out of wages. Those who believe in the profit system must recognize that those who get the profits when business is good must bear the losses when business temporarily is slack. Those who get the profits when industry gets the volume are the ones to bear the risk of such price reductions as may be necessary to stimulate and restore volume...
...whole statement rather iffy. Iffiest fact of it was his concluding sentiment: "If industries reduce wages this winter and spring they will be deliberately encouraging the withholding of buying-they will be fostering a downward spiral, and they will make it necessary for their Government to consider other means of creating purchasing power." The phrase "other means of creating purchasing power" could mean only one thing-spending. Realists in Washington felt morally sure last week that unless business picked up in the spring the Administration program for dealing with depression would finally emerge as pump priming. A shot of inflation...
...handful of stars who stand out as fine swimmers in any league, it is expected that Charlie Hutter and his mates will outshine them for the evening, not only because of the Crimson's superior individual performers, but on account of their greater reserve strength, which will mean a lot of second places as well as firsts...
There still remain forty metal groups whose alloy characteristics have yet to be studied, and whose possible industrial application is still in its infancy. Their development may mean as much to industry as the relatively recent development of such alloys as stainless steel, or tungsten carbide used in high speed machinery...