Word: recessional
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Dates: during 1930-1939
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Heckles is heckling us." Congressional misery took a turn for the worse when the Eccles warning was seconded a few days later by Secretary of Agriculture Wallace and Secretary of Commerce Roper. Pointing out that the South was now planting cotton under the "dangerous delusion" that the staple would fetch...
Forbes has been the subject of most of the experiments. The plan of the experiments has been to inject the gas into the room in which the subject was seated and then to apply a number of driving tests which have been worked out by DeSilva. These tests include brake...
¶The yowl of Republicans for Government economy and budget-balancing was answered in four nonchalant sentences: "We are determined to reduce the expenses of Government. We are being aided therein by the recession in unemployment. As the requirements of relief decline and national income advances, an increasing percentage of...
Last week the stockmarket was running into the fourth week of a dragging decline. This week a number of developments including the French elections (see p. 22) and President Roosevelt's "economics" speech (see p. 13) caused the sharpest recession since July 1934, with representative stocks dropping from one...
Though recovery may seem to go by fits & starts, actually it has followed a strikingly rhythmical pattern. Since its foundations were laid in the summer of 1932, each cycle of revival and recession had lasted almost precisely nine months. Last week it looked as if the third cycle, dating from...