Word: reaction
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Dates: during 1920-1929
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...triumph for reaction is seen in the recent resignation of the Wirth government which has traveled a rough road since it took charge in May, 1921. The Chancellor's attempt to form a coalition of the Socialists and the German People's party ended in failure and the latter will probably control the new cabinet...
...years prior to the passage of the Transportation Act, every tendency had been toward Government ownership or operation. The experiment during the war resulted in a sharp reaction in favor of private operation which was general, except on the part of railroad employees who believed that they would continue to benefit under Government control. The Transportation Act, therefore, with all its restrictions, was the foundation upon which private management was given a new opportunity. If this Act cannot be altered without a radical change in the general policies which it established, it is far better to leave it alone...
...Presidential election came when the Democrats had held to the Presidency for two consecutive terms--the first time this had occurred since the Civil War. This long term of office, coupled with the general unsettled condition and other issues brought on by the War developed a tremendous reaction. No issue and no candidate could have saved democracy from defeat. The people were impatient. They were ready to turn over in bed and nothing could deter them. Such a sweeping victory is inevitably followed by a reaction, and so this year there will undoubtedly be a reaction from the Republican...
...called attention to the fact that while the twelve Federal Reserve Banks are independently controlled and operated, each intended to serve the interests of its district, no financial transaction of any moment in one market is without its reaction in other markets, and that the credit policy of the Federal Reserve System should therefore be considered with recognition of the fact that the administrators of the System have a national responsibility...
...would seem, with about as much understanding of values. But gradually they filter in; and typical morning-service congregations have more Seniors than under-classmen, not because Seniors are more serious-minded, but because they have found those fifteen minutes an agreeable manner of opening the day. The reaction is not necessarily religious; its only effect may be to turn the mind for a moment out of its ordinary channels. But in doing that alone, it has accomplished much; the fact that the service is voluntary and sectarian gives it double value. Professor Shaler liked to speak of chapel...