Word: production
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Dates: during 1920-1929
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...stated that where the Government is engaged in public works for purposes of flood control, of navigation, of irrigation, of scientific research or national defense, or in pioneering a new art, it will at times necessarily produce power or commodities as a byproduct. But they must be a by-product of the major purpose, not the major purpose itself...
...said: "I do not favor any general extension of the Federal Government into the operation of business in competition with its citizens. . . . There are local instances where the Government must enter the business field as a by-product of some great major purpose, such as improvement in navigation, flood control, scientific research or national defense...
...major purposes which were advanced for its construction were navigation, scientific research and national defense. The Republican Administration has recommended that it be dedicated to agriculture for research purposes and development of fertilizers in addition to its national defense reserve. After these purposes are satisfied, there is a by-product of surplus power. That by-product should be disposed of on such terms and conditions as will safeguard and protect all public interests...
...taking of wine with a meal increases the desire for food and improves the nutrition. The wine itself requires no further digestion and is almost the only food product which will be absorbed from the stomach itself without further preparation or delay in its reaching the tissues. Alcohol is not a direct stimulant but acts directly as an antidote to the chronic poisoning of the heart from overindulgence in coffee and tobacco...
...experiment, he faces totally different problems, different programs. He plans to buy "a few selected mills" (at the present extraordinarily low rates) to turn out unfinished cloth. He will add finishing plants to bleach, dye and print the cotton, then sell the product himself through his own converters, including Cohn-Hall-Marx. United Merchants & Manufacturers, Inc.* will then control the entire textile process, from the purchase of raw materials to the sale of curtains and draperies...