Word: rising
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Dates: during 1930-1939
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These recognized depression phenomena have already given rise to one New Deal theory, that "Saving makes a rainy day" (because savings are translated into loans to industry, increasing fixed charges). This theory, of which the leading exponent is David Cushman Coyle (a consulting engineer of the National Resources Board), arrives at the inevitable conclusion that the way to prevent depressions is to reduce savings by heavy taxation on the people who save, i.e., the well-to-do. The New Deal is already putting it in practice...
When the referee puts the whistle to his mouth this afternoon at 2:30 o'clock to open the 1938 season for both contestants, the Brown hopes will rise at the chance of beating the Crimson for the first time since...
...Century U. S. theatre, diving now & then into their glossaries for light on "strip-tease" or "meat show," they may wonder why, for a time, the theatre harped on human frailties- Follies, Vanities, Scandals-and then suddenly ceased to harp. They may perhaps write learned, ingenious essays describing the rise and fall of the morality play on Broadway, never dreaming that what they chronicled was the rise and fall of the musical show...
...white-haired "Cardinal of Charities" to the 1,000,000 Catholics of the world's richest archdiocese. Forty-six years a priest, but never pastor of a church. Cardinal Hayes was the first native-born shepherd (which he liked to call himself) of New York. His steady rise in the church he owed to scholarship, administrative ability and an association with his predecessor, John Cardinal Farley, to whom he was successively assistant, secretary, chancellor and auxiliary bishop...
Economists have about the same fun drawing conclusions from the weekly reports of the Federal Reserve System as scientists do drawing new diagrams of the atom. On one series of the complex Federal Reserve statistics all commentators are agreed-that the rise and fall of commercial loans by U. S. banks is usually a good measure of business activity. Thus, all through Depression II the volume of credit issued to business has fallen (with occasional minor reversals) some $20,000,000 a week in New York City, another $20,000,000 in the rest of the U. S. Last week...