Word: press
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Dates: during 1930-1939
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...week wears on, a rumble like distant thunder comes from three soundproofed rooms where nine teletype machines (automatic typewriters) keep up a never-ending thump, thump, thump. Seven machines supply the incoming raw material: press dispatches from A.P. & U.P., telegrams from TIME correspondents...
...press deadline approaches, the doors of the teletype rooms get left open, the thumping gets louder. A United Press machine, pounding out scores of the amateur golf championship, suddenly falls silent. Ding ding, ding, ding ding, rings a bell and the machine begins to thump again: BULLETIN PARIS-THE CHAMBER OF DEPUTIES TONIGHT UNEXPECTEDLY VOTED NO CONFIDENCE IN THE CABINET OF PREMIER BOUILLABAISSE...
Frequently the President's obiter dicta on prices appear to be tossed off extemporaneously. Just so in press conference he remarked that he still believed-as he had in 1933-that prices were too low but that he did not mean that copper should go up again to 19? a lb.† However, he coupled this casual expression of his views with the announcement that three days later he would really go into the question...
During the waiting period, speculators taking the hint tentatively bid up commodities and stocks. When the day of the event arrived, the press, 125 strong, trooped into the President's oval office; they found it rigged up, as one reporter murmured sotto voce, like a college course in Economics 2A. At his desk sat the President, jovial as ever. Behind him was an easel stacked with charts. 'Primly erect, like a visiting professor, Secretary of the Treasury Henry Morgenthau sat at one side, flanked by James Roosevelt, Charles Michelson, Steve Early, Marvin Mclntyre and the usual Secret Service...
Clearly, if Franklin Roosevelt meant to regulate all prices up & down to fit his theory, he was launching his Administration on the biggest thing in planned economy it had yet attempted. But to the 125 reporters, perspiring after the longest press conference in months, the most striking fact was that he had proposed no legislation...