Word: scaled
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Dates: during 1920-1929
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...regulates prices strictly on the basis of dollar exchange values, putting the capital thus obtained into new investments and repeating the process ad infinitum. Thus coal costs 69,000 times its pre-War cost. Wages paid by Stinnes before the War were 17 cents an hour. Under the present scale wages are between seven and ten cents per hour, thus halving his pre-War costs of production...
...first time in many years press representatives were admitted to the opening session. Another innovation was the election of a miner to be chairman of the Full Scale Con-ference-John L. Lewis...
Three-cornered negotiations between the Government, the companies and the workers broke down. The Government proposed a wage of 10,000 marks an hour. The workers demanded "real pay for real work"; a sliding scale of wages based on the cost of living was urged. The Government feared it would add to the depreciation. The companies said a wage which varied each week would make it impossible to quote prices in doing business. The workers said that 15,000 marks an hour was the minimum on which a worker could live. They also demanded an immediate bonus...
Director Lord of the Budget Bureau issued the final figures on the Treasury's year-writing the final chapter of the book which might be written on the expectations and predictions on how the year would end. At the low end of the scale was the point where a deficit of $823,000,000 was expected. At the other end of the scale was the final announcement of General Lord, a $310,000,000 surplus on June 30. While the $310,000,000 surplus of revenues over expenditures (including sinking fund and interest on the public debt) was unexpectedly...
...remarkable exhibition of the most recent military planes. Among other exhibits was a bomber equipped with a single engine of 1,000 horsepower, the most powerful airplane engine in the world, which can beat in speed and climb any bomber ever built. On the other end of the motor scale was the " Wren"-a tiny machine flying 50 miles an hour with only 3 horsepower. Thirteen " secret" airplanes were seen by the public for the first time. Experts and the public in general seem convinced that England leads as far as technical development of military aircraft is concerned...