Word: peeked
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...railway labor bill he might approve; Huey Long's farm mortgage moratorium bill he would probably veto (see p. 11). ¶The President took out a three-week old letter and read it to correspondents gathered around him. It was an account of some arithmetic done by George Peek, his Special Adviser on Foreign Trade. Mr. Peek had written that the U. S. ought to keep an exact balance sheet of its transactions with other countries, to know whether its trade was profitable. Economists have made this sensible point before. From the figures and estimates available Mr. Peek offered...
Although some of the figures were disputable estimates, all were an old story to economists. Calling attention to the $22,000,000,000 difference between value rendered and value received, Mr. Peek concluded that "our foreign trade has been cumulatively disadvantageous to us." This was something of a figure of speech, for the $22,000,000,000 does not represent a net loss. It represents money still owing to the U. S.-private investments of U. S. citizens abroad and $10,300,000,000 of war debts. Obvious, though not explicit, was the point that the President was trying...
...Communist tocsin when the American Historical Association's Social Studies Commission finally announced its conclusions last week. Since January, when the report was scheduled to appear, campus & classroom have smoked with rumors of radicalism and suppression. Scripps-Howard Columnist Harry Elmer Barnes, onetime sociology professor, got an advance peek at the report, called it "the most revolutionary and significant document in American education since the days of Horace Mann." A first-rate, head-rolling revolution is what the Commission wants, but in Education, not Government. Down, cried the Commission, with pedagogy and its vast jerry-built structure of normal...
...Manhattan's Washington Market unemployed artists found a vacant meat stall, started an art sale. When market patrons showed interest only in one drawing, a nudist colony at play, the artists veiled the picture, sold peeps at a penny apiece. Market Director Aloysius Mallo appeared, took one perquisite peek popped: "Put that away or I'll put you out. That's too hot for my customers, I'll tell the world...
...Administration did not want to lose the support of a man who has so wide a following among farmers, and Mr. Peek insisted on authority to put his own plans for expanding markets into effect. He not only was given the job of heading the three banks, but retained as the President's "adviser on foreign trade." Having got these concessions, he issued a tripartite manifesto on his personal plans...