Word: protectionism
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Dates: during 1940-1949
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By raising the value of its gold hoard, the government can make another tremendous paper profit to fill the hole in the budget left by deficit financing. Thus in 1933 F. D. R. made $2,800,000,000 by reducing the gold in the dollar to fifty-nine cents. $675...
In that first smashing attack the Nazis had accomplished what every carrier's commander most fears: With his flight deck immediately out of service, fighter planes could not go up for protection, and Rear Admiral Arthur Lumley St. George Lyster had no defense but his anti-aircraft and the...
> New York City still enjoyed good health. So far, its cases of flu had been only slightly above average. Busiest physician in the city was Dr. Frank Lappin Horsfall of the Rockefeller Institute whose new vaccine is being tried on thousands of human guinea pigs throughout the U. S. When...
Dr. Leet says flatly that earthquakes cannot be predicted. But he thinks there is a definite possibility that, sometime in the next half century, a really lethal quake may hit Portland, Boston, Worcester, Springfield, Hartford, Bridgeport, Providence or New York. To minimize the hazard, he advised those cities to start...
In an experiment designed to 1) improve wool clips, 2) find new uses for cotton, 500 cotton coats (at 90? apiece) were shipped to Wyoming this week to be worn by sheep as a protection against post-shearing cold. Feature: like maternity dresses, the coats may be let out for...