Word: pumpings
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Dates: during 1930-1939
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Plans for a third enormous national credit pump lay last week before the House Banking & Currency Committee. In January this committee helped design Reconstruction Finance Corp. to pump $2,000,000,000 of Federal funds through the nation's banks into Industry. In February, with the Glass-Steagall bill, it went to the rescue of the banks themselves by giving them a bigger & better pipe line into the Federal Reserve System. It was now proposed to pump Federal Reserve credit into the commodity markets? wheat, corn, beef, cotton, coffee, sugar. The bill was introduced by Representative Thomas Alan Goldsborough, Maryland...
...remained for pipe-smoking Governor Harrison to lay the biggest piece of fiscal news down before the House Committee?namely, that the Federal Reserve was in the market for U. S. securities as never before. Its purchases were part of the Government's new determination to pump credit into the country?a process its friends call "reflation" instead of inflation?under the provisions of the Glass-Steagall bill. Not until its statement was issued later in the week was the full extent of the Federal Reserve's pumpings evident to the country...
...kidnapping of his baby interrupted Col. Lindbergh's efforts to improve a pump which Dr. Carrel uses to drive fluids through vital organs removed from laboratory animals...
...American pump expert...
...combustion is carbon dioxide. The blood, relieved of its oxygen, carries carbon dioxide through the veins back to the lungs. Venous blood is dark red with carbon dioxide; arterial blood is bright red with vigorous oxygen. The lungs inhale oxygen, exhale carbon dioxide. The heart is simply an alert pump in this gas exchange system...