Word: pump
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Dates: during 1930-1939
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...Spring scheduled to make its formal appearance Monday neither the gods of weather nor the University seems to be taking much cognizance of the event. Cold is predicted by the weather bureau. Reached last night, local authorities could not set a definite date for the reopening of the Yard Pump, Harvard's official recognition of the new season...
Although last autumn in the interest of economy he came out against the building of public roads, President Roosevelt last week dignified the super-highway idea by endorsing Senator Bulkley's self-payment plan as a business pump primer, and by suggesting that through excess condemnation of land a mile each side of the superhighways the Government might realize a profit when land values rose...
Priming the pump is, as Governor Earle admitted, only a temporary expedient even though our per capita debt is less than that of France and England. Purchasing power can be permanently maintained in the absence of government spending only when prices are within the people's ability to buy. When the United States Steel Corporation gave its workers a pay rise and then raised the price of steel by more than enough to cover the rising wage bill, Ben Fairless's giant paved the way for an ultimate reduction in the number of customers for steel products...
Despite his feeling that "pump priming" was halted to soon, Governor Earle himself currently rumored as a presidential possibility in 1940, expressed great confidence in President Roosevelt's ability to find a way out. Blaming curtailment of government spending as a cause of the current recession, he suggested that reactionary advice may have had an influence on the Administration's shift in policy...
...Slashing of Federal "pump-priming...