Word: shrunk
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...Portugal's once potent empire, now shrunk to sixth largest in the world, Angola has long been the Cinderella colony. What little Portuguese and private funds were available went to develop Mozambique, on the other side of Africa. Discovered in 1482, Angola came into prominence in the 19th Century when colonists built up a lucrative slave trade, exporting Angola's Bantu blacks to Brazil. When slavery was abolished in Brazil in 1830, colonists gradually turned to agriculture, began to produce coffee, sugar, maize, palm oil, sisal. Meanwhile, at home, Portugal was in a mess. With two exceptions, budgets...
Neutral observers in Mexico City judged that President Cardenas and his associates have only just realized what economists have known for months: that his agrarian decrees of the past year have had many disastrous results. Total production of such Mexican staple crops as wheat, corn and cocoa has shrunk sharply partly due to drought, partly to inefficient working of lands divided and parceled out among the peons...
...greater than the 1929 production and 40% greater than the 1936 production, which was considerably curtailed by drought. The effect of this increase in the face of declining business activity and urban purchasing power has been a sharp drop in farm prices. Since December 1936 they have shrunk from 126% of the pre-War level to 104% of the pre-War level. The present level of farm prices is approximately 30% below that of 1929." Hence, concluded Witness Wallace, U. S. farm income for 1937 fell from five to ten per cent under...
...Embezzler Beesemyer went to San Quentin Prison for 44 years. Since then no less than 2,500 Guaranty depositors have gone to the poorhouse or the insane asylum, some 30 have committed suicide. With the help of Depression, Guaranty's original assets of $20,000,000 had shrunk to $5,000,000 (mostly in land) by 1932, enabling the liquidating company to buy off some creditors for 5.9? on the dollar, issue stock with a par value of 25? on the dollar to others...
Lean, ascetic Painter Biddle, in a suit so wrinkled it looked shrunk, warned the audience that the intelligent supervision of the WPA art project which he helped to found would be as precarious as the project itself while it remained an emergency measure. Discussion followed on what has become a great desideratum of politically conscious artists who want better standing than work relief affords-the Federal Arts Bill, a proposal for an arrangement more permanent and dignified than WPA, introduced in Congress last session by Representative John Coffee of Washington. Thickset, heavy-voiced Painter Philip Evergood, president of the Artists...