Word: slumps
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Dates: during 1930-1939
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...regulating industry. The U. A. W., an affiliate of the C. I. O., declared that the solution to the present business recession was to increase the purchasing power of the workers. Business, of course, made it plain that New Deal mistakes were to blame for the slump, emphasizing the lack of confidence which unsound policies have induced. In rather guarded statements economists asserted that only increased employment will cause industry to pick up, and more employment cannot be had without a better balance between price and demand...
...aftermath of the sinking of the gunboat Panay kept news of the business slump off front pages, even blanketed the defeat of the Wages and Hours Bill (see p. p). If the latter was not inconvenient so far as it reassured business, both kinds of news were nonetheless damaging to Administration prestige...
...seems probable that the bottom of the present slump in industrial production will be reached in the first half of next year, for operations have been curtailed so rapidly that in many lines we are already producing less than we are consuming. The recovery from that low point is bound to be much slower than the descent to it has been...
...Slump. To dwell long on the sad state of trade would have been no gesture of friendship to the New Deal which has the slump already too much with it. Therefore, the topic of most concern to businessmen was little touched on publicly. One man, however, raised the doleful subject in no uncertain terms: Virgil Jordan, president of the fact-finding National Industrial Conference Board. He declared...
Topping Oregon's labor problem is the current slump in the lumber industry. Only strong market is sawdust, used locally as fuel and now skyhigh at $12 a truckload. Another difficulty is the restless defiance which seems to pervade the whole Northwest. When a mob in Baker, Ore. recently ran a Beck organizer out of town with the help of local peace officers, Oregon's Governor Martin expressed public satisfaction. Few weeks ago in a Beck-Bridges dispute over some Seattle warehousemen, "the Tsar of Seattle Labor" threatened to close five warehouses if the Labor Board even held...