Word: stagnant
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...counter market regulation, only major issue oi last week's gathering was the proposed elimination of tax-exempt securities. After hearing Chief Counsel John Philip Wenchel of the Bureau of Internal Revenue expound the New Deal doctrine that tax exemption should be ended in order to pump stagnant savings into use, then hearing Banker David Wood rebut with the standard argument that taxing tax-exempts would violate State rights, the assembled investment bankers resolved in favor of eliminating tax exemption on future issues. But this was no New Deal yessing, for banishing of tax exemption would mean a better...
This year the U. S. Third Army (there are four "armies" divided geographically) whose turn it was to play the annual U. S. war games, was a mobile army, prepared to fight in the open rather than in the stagnant trenches of 1914-18. Its reconnaissance cars (mechanized cavalry) spurted 75 and 100 miles ahead, keeping tabs with headquarters by two-way radio. Its horsed cavalry rode to battle and sent its mounts back while it did its fighting. Motorized field artillery (still largely the World War French 75s, improved to give faster fire and greater range) rolled into place...
...producing flat-rolled steel, Ludlum sells about 50% of its output (wire, bars, etc.) to the automobile industry, the rest to manufacturers of machine tools, oil refining and aircraft equipment, stainless steel building products. Last year the company considered raising money to expand; but the capital market was so stagnant that directors, fearing the plan might miscarry, called...
...touches an electric eel, he will be mildly shocked. But if he were brash enough to grab both the eel's head and tail at the same time, he might get a 500-volt charge. These electric eels, which grow to 8 ft., 50 lb., swim about in stagnant pools, paralyze small fish by discharging electricity, can keep their prey unconscious for several hours, gobble them up at will. The uneaten fish recover from the paralysis unharmed...
...Einstein's Relativity (1905-15) the ether was discarded as an unnecessary hypothesis. The Fitzgerald-Larmor-Lorentz effects were incorporated into Relativity theory, not as a consequence of absolute motion through a stagnant ether but as an effect of relative motion. If two observers are moving relative to each other, each one would find, checking by his own timepiece, that the other's clock was running slow...