Word: politicalism
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Dates: during 1930-1939
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...Last week occurred another momentous polit co-economic event. The U. S. collected 8% on its June 15 War Debt payments. Britain paid as a "token'' $10,000,000 in silver (at 50? per oz.) which the President declared was no default. That France was in default, no one could deny. Like six other debtors, she paid nothing...
...with all the ingredients for a polit ical change at hand, Democrats were by no means so sure as they were two months ago. On their side was the great historical fact that not once in the last 58 years had the party in power lost control of the House at a mid-term election without also losing the Presidential election two years later. The reasonable discontent which produced the Democratic House victory in 1930 was stronger, if anything, today after three full years of Depression. All that seemed necessary was to translate reason able discontent into winning votes...