Word: sluggishness
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Dates: during 1940-1949
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Churchill fought on, and the annoyance of peace-sluggish Britons, who preferred the appeasers, turned to hatred. At first they had heckled him, howled him down, spat at him, struck at him. "Now," says Biographer Kraus, "no dog would take a scrap from his hand." He grew tired of his own voice, tired of his own "everlasting prophecies, and still more thoroughly tired of the awful consistency with which they were fulfilled." But one fact obsessed him-London was defended by only seven anti-aircraft guns...
...money in the last five years, its average net income in 1936-39 is much less than it will be this year. Philip Morris, like many another young, fast-moving company, will therefore get it in the neck. Similarly the railroads (who will do a lot of defense hauling), sluggish for years, will escape the tax, while aircraft makers will be hard hit. Other marked victims: makers of rayon, paper, heavy machinery, electrical equipment. Others comparatively untouched: utilities, oil, department stores, airlines, mines...
Watching the cheerful Londoners from their own sluggish exchange, many a Manhattan broker recalled that the City had often proved a better and an earlier prophet than the Street in the past. Some reflected that English brokers have sons and cousins in the R. A. F., may get firsthand information on the progress of the air war. A few, juggling figures, tried to prove that London's price rise meant the beginning of inflation...
...small, is democratic. . . . But if . . . [it] is greedy, if it is suspicious of everything without and credulous of everything with in . . . turns to force to hold its place and win its way, then that social order . . . must turn to a tyrant for its hero and leader." Democracy, "awkward, sluggish, often sadly wasteful," nevertheless gives the freest play to the "common kindly impulse of organized humanity," but it will only survive if the democratically trained citizen - "naturally a bit lazy, instinctively inclined to improvidence, by birthright glad to let well enough alone" - decides in his heart that the democratic...
...vast and variegated job of rearming the U. S. the part that U. S. industry must play is vast and variegated enough. It means building a strange, specialized, plane-ship-and-munitions economy inside and alongside a vast, sluggish bread-&-butter economy, and meshing them. Yet the first step needed for the industrial job was by last week clear: constructing new plant and equipment. But, after seven weeks of hard desk work and high talk in Washington, few new factories for war materials had taken shape...