Word: nationalism
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Dates: during 1930-1939
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After reciting his long affection for Georgia and his calling of a conference of Southerners to study the South as "the nation's No. 1 economic problem'' (TIME, July 18), Franklin Roosevelt said: "If the people of the State of Georgia want definite action . . . they must send to . . . Congress Senators and Representatives who are willing to stand up and fight night and day for Federal statutes drawn to meet actual needs...
...Eastland." Britain sent requests to her eastern neighbors to keep their airliners out of the "war area" over the North Sea. The German air services meekly obeyed. But the proud Royal Dutch Airlines responded with a bristling reply to the British Air Ministry: THE NORTH SEA BELONGS TO NO NATION AND NOBODY IS EMPOWERED TO CLOSE IT TO INTERNATIONAL TRAFFIC. IF ANY BRITISH FIGHTERS INTERCEPT OUR LINERS . . . THERE WILL BE SERIOUS COMPLAINTS. There were no interceptions...
...June 1935, Franklin Roosevelt announced: "I have determined that we shall do something for the Nation's unemployed youth." Their number, about 2,500,000 (aged 16-24) out of both school and work, did not include the army of 500,000 which the New Deal had put into CCC camps. A new agency, NYA, was put into the hands of social-working Deputy WPAdministrator Aubrey Willis Williams, who at the age of six went to work in a torpedo factory. In spite of setbacks and criticism, Aubrey Williams pushed ahead with NYA. With the help of Executive Director...
...pressed steadily along the line he announced as he took office: "Our duty is plain. We must do everything in our power to provide as safe and as efficient a market for the nation's securities as can be devised. . . ." He ousted the firm of Carter, Ledyard & Milburn as Exchange lawyers, a post they had held for 60 years, because Partner Roland Redmond had been too closely identified in the public mind with Richard Whitney's fight against reform. He jammed through SEC's short-selling rule. He inaugurated a series of round-table talks with...
...told, the net for the second quarter averaged an estimated drop of 70% in corporate profits from a year ago. For the nation as a whole, the Department of Commerce reported last week, income was off 8% from the first half of 1937, to $30,630,000,000. Should income in the next six months keep this pace, the 1938 total of $61,000,000,000 will be only $8,000,000,000 less than 1937-a smaller drop than anticipated...