Word: scale
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Dates: during 1930-1939
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...reduce wages, even though it may be necessary for workers to go on strike." At the White House conferences in the first days of the Depression, Mr. Green had pledged Labor not to strike for higher pay in return for Industry's promise to maintain existing wage scales. Now he suspected Industry of beginning to break its promise. He felt labor would thus be automatically released from its no-strike pledge. Cited was the fact that the 1921 Depression produced 2,400 strikes whereas this one has witnessed less than 40, most of them small and local...
...combatants and the battlefield for the coming struggle between collectivism and individualism. Russia and the United States are picked to wage an economic battle in Asia, the world's greatest potential market. Here the book becomes interesting but unreliable because no one can predict on so vast a scale and expect to be believed. However, the weighing of the respective strengths and weaknesses of socialism and capitalism is particularly good and saves this last part of the work from becoming a distinct detriment...
...York City's Bronx Zoo, widened the eyes of a St. Louis audience last week with stories of a snake that can fly. It is the rare, seldom captured Chrysopelea ornata of India and Malaya, a black snake with a yellow dot in the centre of each scale and a series of yellow, red centred "flowers" along the back. These snakes climb trees, fling themselves off and by extending their ribs and sucking in their bellies, create air pockets on which they glide safely to the ground...
...argument is roughly divided between bankers on one side and industrialists on the other. The argument of deflationists is that capital is taking its reduction in the form of impaired dividend payments, that the dollar buys more and Labor must take its loss. They also say a lowered wage-scale will cheapen manufactured goods, unearth new markets...
...unionized railroad industry will probably be the two which decide the course of events. Myron Charles Taylor of United States Steel Corp. has said that the entire matter now is "in the lap of the Gods." When he returns from Europe in June the fate of the U.S. wage scale will probably be known. If it is pressed downward, pessimists say that the nation will revert to the long gloom...