Word: retrenchement
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...fighting for their political lives. Anxious to economize for deficit reasons, President Hoover had picked the Army as his first big target (TIME, May 18). He knew he could not reduce the fighting force below its 118,000 men without encountering violent public objections. He did not want to retrench on river & harbor improvements and flood control because they were essentials of his Unemployment relief program. Therefore he selected as the most likely bull's-eye for economy some of the Army's 340 forts, garrisons, depots, camps, hospitals, flying fields and arsenals. To the country he issued...
...week announced a five-day week for field, pipe-line and refinery employes. "In line with practice generally established . . . aiding in the relief of the unemployment situation," explained the announcement. Back in 1929, the five-day week was a sociological movement, widely publicized. Lately it has been a corporate retrench- ment, little discussed. Westinghouse and Eastman Kodak in their factories have been recent converts to the five-day week. Some Ford plants run on a five-day, some on a three-and-one-half-day schedule. But the five-day week of 1931 differs in one notable respect from...
Having gone thus far, Nominee Hoover thought it well to retrench, so he further said...