Word: recessional
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Dates: during 1930-1939
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Above all Franklin Roosevelt does not like to hear the word depression. When a reporter asked whether recession was growing worse, he passed off the question with airy knowingness, saying-"Oh, that depends on what newspapers you read.'' He announced, however, that he would resume his conferences with...
While Congress did precious little (see col. 2). while many another member of his Administration grew jittery about depression, the President exhibited his peculiar capacity for being comforted by crises. At press conference Correspondent Raymond ("Pete") Brandt of the St. Louis Post-Dispatch asked what the President meant to do...
For patient Mr. Chester and the rest of U. S. Management the wait was short. In August the business curve shot into the most precipitous toboggan since 1907. There have been a few cacklers in the rear rows but for Mr. Chester and all other responsible U. S. businessmen the...
With the persistence of born salesmen, business leaders continued their peace gestures, notably after last year's election when both N.A.M. and the U. S. Chamber of Commerce seemed determined to cooperate with the President if it killed them. Not until Recession had softened his mood, however, was Franklin...
Red-Shift Explained? Once enthusiastically propagated, the idea of a universe whose outer nebulae were rushing away from Earth in all directions has lately lost favor among astronomers. Evidence for the recession of the nebulae is that, when their light is broken up into a spectrum, certain lines are shifted...