Word: risks
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Dates: during 1930-1939
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...this peaceful mobilization meant a kind of armistice. For while peasants in uniform fight Europe's wars, they could hardly be set to fighting until they had got in the grain. And since even modern mechanized armies still travel on their stomachs, no nation could well afford to risk losing its grain supply by attacking another nation during harvest. Though Nazis defied this law of Europe's military history by keeping close to 2,000,000 men under arms as the harvest began, few Believed even Germany would risk a crisis until September when its own essential crops...
Even closer partners in his Wind, Sand and Stars are the pilot and the poet, the mechanic and the metaphysician. Says Author Saint Exupéry: "One doesn't risk one's life for a plane any more than a farmer ploughs for the sake of the plough. But the airplane is a means of getting away from towns and their bookkeeping and coming to grips with reality. ... It plunges a man directly into the heart of mystery...
There are two fundamentally different kinds of businessmen. One kind meets trade recessions by keeping his prices high, letting his goods gather dust on the shelves, laying off his employes, arid concentrating his efforts on hoping business will come back. The other takes the risk of cutting his prices, and often succeeds in wooing back vanishing trade, while he keeps his employes on the job, his goods in circulation, his ledgers in the black. To the first school the Eastern railroads of the U. S. (except for Daniel Willard's Baltimore & Ohio) have largely adhered through Depression...
Colonel Lawrence confessed: "It was evident that if we won the war these promises would be dead paper, and had I been an honest adviser of the Arabs I would have advised them to go home and not risk their lives for such stuff. But I salved myself with the hope that by leading these Arabs madly in a final victory I would establish them with arms in a position so assured (if not dominant) that expediency would counsel a fair settlement of their claims...
Businessmen now generally accept-with reservations-the Securities Act as a wholesome reform. But in 1933 many fought it bitterly, arguing that no one could take the risk of issuing securities because Section 11 of the Act provides that any purchaser of securities can recover damages from the issuers for subsequent losses if misrepresentations or omissions were made in the official registration statement. In six years of the Act's operations this bugaboo failed to materialize. Last week the dreaded event took place for the first time...