Word: pumpings
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Dates: during 1930-1939
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...scheme made observers wonder if Mr. Jones had not been kicked upstairs instead of promoted. Only part of the proposed plan which the Loan Agency would supervise was the foreign business. Mr. Jones, professional banker, has been regarded by the New Deal as none too openhanded, no persistent pump-primer.* Secretary Henry Wallace, on the contrary, and John Carmody have ably learned the art of putting out Federal money, and the major portion of this new money would be theirs to put out. Mr. Carmody, large and brisk, has been the genius of REA, carrying light to farmers by Federal...
Washington heard that one to one-and-one-half billions was the total in the Lend-Spenders' minds for their new pump-priming act. Secretary Morgenthau was reported to have traded his support to the plan in return for the President's acquiescence in income tax revision (see p. 16). Majority Leader Barkley assured his Senate mates that the program, whatever shape it might finally take, would not be dumped sensationally into Congress' lap this session. The way for it might be paved simply by extending the authority of existing agencies, such...
...Republican presidential nominee coupled his third term theory with a bitter attack upon the Administration's "pump-priming" and charged that this program was nullified by the President's constant "throwing of monkey wrenches" into the machinery of business and government...
...Although Mr. Gunther has all the conveniences of modern travel at his command, there may be many who will think that the shortness of his sojourn scarcely justifies so ambitious a title." But Mr. Gunther also has countless reliable friends-politicians, newspapermen, informants-who are more than willing to pump him full of biographical detail, information, gossip, anecdotes, wherever he goes. A crack journalist, he is indefatigable in collecting facts, tireless in hunting out the small details. His workmanlike book is exactly what it was meant to be-a handy, popular, political guidebook of a strife-torn continent...
Government Magic. The 1938 market upturn was signalized by Franklin Roosevelt's decision to prime the pump once again by putting $4,000,000,000 of emergency money into circulation. Last week the President had made no such decision but speculators hoped for other forms of Government magic. They had reason to expect that business would get a modest boost from repeal of some of the more painful provisions...