Word: slump
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Dates: during 1930-1939
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...railwaymen who are proud of their prestige breathed freely last week for the first time since the middle of October. They felt safer because their business was falling off-weekly carloadings were down from October's peak of 861,198 to 785,901. The slump spelled no disaster to U. S. business, for it was a seasonal drop (adjusted...
...Elis, playing the European style of soccer, emphasized by their coach, Walter Leeman, came out of a mid season slump to upset the Tiger last week. Captain Tom Erickson at inside left, George Haines at outside left, and Bill Poole at goal are the Bulldog's leaders. Erickson with 12 points to his credit, is the League's highest scorer...
...critics-both faculty and student-about the way Dr. Conant handles men. One after another, popular young teachers have been fired, from Economics Instructors John Raymond Walsh and Alan R. Sweezy two years ago to Art Instructor Robin D. Feild last spring. Basic reason for the firings was a slump in Harvard's income from its investments, resulting in a tighter budget. But facultymen complained that President Conant was a budget autocrat, that he used a slide-rule formula in dealing out money to the various departments. Students grumbled because they believed Dr. Conant was bent on getting crack...
...slump but a record year was 1938 for Sperry Corp. This year working overtime to turn out antiaircraft equipment, searchlights, airplane instruments, and deep-sea gyro equipment, Sperry netted a thumping $2,469,576 ($1.23 per share), up 12% from 1938's record first half, up 49% from the first half of 1936 when the armament boom began. Buttressed against wartime demands for working capital, it had $5,768,158 cash, 31% more than last summer...
Today Government spending exceeds Government revenues by about $1,000,000,000 a quarter. By next spring the Government's deficit spending will probably be down to $600,000,000 a quarter. New Dealers, certain of a slump, were last week in a mood to let events take their course in order to tell Congress afterwards "I told you so." If there is no slump-the shoe will be on the other foot. Rather than sit back and tell the country to watch Congress ruin it, New Dealers may yet decide to go their own way and claim credit...