Word: recessional
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Dates: during 1930-1939
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It is not hard to find examples of indiscretion and tactlessness in the past month. When business demanded that the government raise its heavy hand of regulation, the latter responded in two quite rash ways: Assistant Attorney General Jackson, with his political eye cocked at his chief, berated the "business...
In its next turn at bat Congress, instead of playing Casey, ought to hit a home run that will correct the fallacies of the Administration, reassure business, and help to end the recession. Business and labor, too, should use their heads and not their hearts and give dispassionate thought to...
Nonetheless, if in five weeks Senate and House had passed little, they had done enough spadework to insure the passage of at least one item on the President's list (a farm bill, now being rewritten in conference) several weeks earlier than otherwise. Furthermore, two items not on the...
Back of last week's dramatic finale lay an extraordinary seven-month struggle. Introduced in the Senate by Alabama's Hugo LaFayette Black and in the House by Massachusetts' late William P. Connery Jr., the Wages & Hours Bill had the major aim of setting up an authority...
"In Great Britain there is yet no sign of any real abatement or check of activity. Here the production of capital goods, based upon the combination of Cheap Money and Confidence, remains at a high level. . . . But in view of the serious recession which has unquestionably occurred in America, and...