Word: pump
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Dates: during 1930-1939
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...Middletown, Ohio by 30-year-old James Roosevelt. If several of the Assistant President's statements seemed a trifle brash, the last at least was indisputable. So many people still could not believe that young Mr. Roosevelt's father's current $5,000,000,000 pump-priming program would promptly end the current Depression that, even though Son Roosevelt's arguments were being stated less ingenuously by James A. Farley, Henry A. Wallace, et al., the program last week had not proceeded much beyond the talking stage. While economists, political pundits, politicians, columnists, editorial writers...
...fireside chat (see p. 10). But the nub of the message was simply: "Viewed from every angle today's purchasing power-the citizen's income of today-is not sufficient to drive the economic system at higher speed." Thus the program itself was founded on the old pump-priming theory with five billions in cash and credit to do the trick. By various bits of legal and financial legerdemain the net cost to the taxpayer was described hopefully as a mere billion and a half. According to the President this would provide him with the "three rounds...
...Finally produced a full-fledged program intended to defeat Depression. As Franklin Roosevelt explained it to Congress in a special message and to the nation in a "fireside chat." it boiled down to the familiar New Deal story of "pump-priming...
...Olim meminisse iuvabit," reads the appropriate inscription on the new pump. Certainly even the new pump already has several good things for which to be remembered. On Wednesday, January 20, 1937, real beer flowed from the pump...
Years ago when the Yard cops were uniforms and Duchesses did not bathe in gold tubs there was an old pump on the corner of Matthews. Torn down in 1885 this pump existed long enough to provide workers in the old Coop with water for washing...