Word: pennsylvania
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Dates: during 1930-1939
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...Pennsylvania's Constitution prohibits graduated taxes or exemptions of low incomes...
...before the Pennsylvania Society of New York) again postponed definition of his Farm Policy, declared the objectives of his Business Policy. Best lines: "Stop being half way for a sort of creeping socialism and half way for private enterprise. Get down on one side of the fence. ... If any businessman violates the law name him, indict him, convict him, fine him, jail him. But stop bringing the whole of a group into disrepute and discouragement. . . . Admit that excessive public expenditures have to be tapered off gradually. And start doing it. Start just a trend toward solvency...
...river stages in New York, Pennsylvania, the Carolinas, TVA's area in the South cut down the hydroelectric power supply, sent steam-plant output soaring. TVA with all its dams, had to turn on fuel burning plants which it took over from Commonwealth & Southern last summer...
...Edgar Monsanto Queeny of Monsanto Chemical, whose dignified diversion is Republican politics (finance committee) in Democratic Missouri; scholarly Henning Webb Prentis Jr., president of Armstrong Cork, No. 1 U. S. linoleum producer; rock-ribbed John Howard Pew, president of Sun Oil Co., financial angel of the Republican Party in Pennsylvania; long-nosed Lammot du Pont, beardless patriarch of the U. S.'s most famed family industry; Du Pont-in-law Donaldson Brown, vice chairman, financial and labor policy man of General Motors; the retiring president of N. A. M., courtly Howard Coonley of Walworth Co., whose valve business...
...Class I roads,* about one-third (including 20 in bankruptcy) are unable to meet their fixed charges on bonds and preferred stock. Another third is little better off. Only eight Class I roads have bonds outstanding which are gilt-edged enough to be marked with Moody's Aaa (Pennsylvania, Norfolk & Western, Chesapeake & Ohio, Union Pacific, Wheeling & Lake Erie, Virginian, Detroit & Toledo Shore Line, Richmond Fredericksburg & Potomac...