Word: methodism
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Dates: during 1930-1939
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...tilt at no wind-mills." As a political technician his job is primarily to show President Roosevelt how to do things rather than what to do. The greatest achievement generally credited to Technician Moley is the White House discovery of how to get around the Constitution. The Moley method: have Congress delegate its constitutional power to the President for a fixed period and within certain broad limits. That principle was the basis of the Economy bill whereby the President cut veterans' pensions which Congress was scared to touch. On it also rests the farm bill which grants broad authority...
...concerned, there was only one encouraging word in the Budget, that was Beer. The income tax remained at its old basic tax rate of five shillings in the pound-25%, the highest income tax in the world, though Chancellor Chamberlain offered a slight sop by restoring the old method of collecting in equal half-yearly installments instead of demanding three-quarters of the tax in January, one-quarter in July. The beer tax was reduced a penny a pint and brewers announced that this reduction would be passed on to consumers immediately. Another dispensation was permission to brew strong...
...change in the company's method of issuing statements." Thwarted, Mr. Gerard departed with probably as much information as he expected to get. For he had had to ask his questions of a vice president who presided, and it is well known that no one has the prerogative of speaking for Allied Chemical except Orlando Franklin Weber. Allied's president, chairman, master. Mr. Weber, successful head of Allied, vast chemical combination since it was formed in 1920, is a man who holds his cards tight against his vest, smiles saturninely, plays with no partners, keeps his opponents...
...order they will buy up to $3,000,000,000 worth of Federal securities and hold them for a specified time. Thus $3,000,000,000 in cash will pass along to the banks and presumably into commercial credit. But last year President Hoover tried the same method of credit inflation and failed to produce results. In three months the Federal Reserve bought $950,000,000 worth of "Governments," but their payments lodged in the banks and never got out to the country. Last week the governors of the twelve Reserve Banks, meeting in Washington, promised to help the Administration...
...pitiable rag taken in for a bad debt. But greater was the Senator's surprise when "Willie," calling about him some of his blithe college friends, proceeded to run up the old rag's circulation-at wanton initial expense- by an amazing application of the Pulitzer method. (He had brought home bound copies of the World.) "The Monarch of the Dailies," he called his sheet, and the spirit of the office was carnival. "There is no substitute for circulation" and "What we want to arouse is the 'Gee Whiz!' emotion" were the watchwords. Lots to drink...