Word: slumping
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Dates: during 1920-1929
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...agencies of the U. S.-federal, state, municipal-would map out and authorize large programs of public work which will be needed eventually though not immediately. Let these programs then be held in abeyance, said the collaborators, until such time as labor and fiscal indices show or predict a slump, local or national. Then let the contracts, hire the men, buy the materials, do the public work, convert the slump into a boom...
...view of the wit and alert psychological analysis dissipated by Boston newspaper columnists on the falling off in attendance at football mass meetings at Harvard, this kindred slump among the Elis must be regarded as a direct refutation of any explaining cause except that of a saner adjustment of athletic interest in both colleges. It is regrettable that Yale has encroached upon the portion of distaste for crowd hysteria lately and solely possessed by the ten thousand men. But it has done so and what barbs are thrown in the future must be received upon the joined bucklers...
...Steel confirming the "15x" theory, did investors hold General Motors cheap at 222, rush to brokers with orders to buy? Prudent investors consulted prudent stockmarketeers. They learned: 1) that the "15x" formula might justify itself in a strong bull market, but that it could not be maintained in a slump; 2) that many a sound, conservative stock, undisturbed by pools, sells at 10x or 12x; 3) that 5-year earnings are safer guides than 9 months or a year...
...lamb. Scarcely had the delegates assembled when Representative Louis T. McFadden, chairman of the House Committee on Banking and Currency, introduced the mooted question of credit and the war of the banks and the bulls. He warned that the Federal Reserve policy of tight money might "produce a business slump without intending to do so." On the other hand, he warned that relaxing the policy might result in more credit going "directly into the speculative loans." Between the two horns of the dilemma, he sought a legislative solution. Perhaps the law might be amended to give the Federal Reserve...
Though such a movement would have seemed trifling before the lira was stabilized on a gold basis, it loomed ominously, last week, almost seven months after complete stabilization was supposed to have been achieved. With Volpi, the master stabilizer out of office, a serious slump might...