Word: steeled
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Dates: during 1930-1939
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...familiar New Deal attack on Business last week precipitated a quarrel over a familiar New Deal paradox. The attack: FTC told the Monopoly Committee that the basing-point price system makes the steel industry "a focal centre of monopolistic infection which, if not eradicated, miy well cause the death of free capitalistic industry in the U. S." The paradox: The Administration's dual attitude toward Business-olive branch in one hand, big stick in the other...
...favor the NRA approach. With creation of the "business appeasement" policy, they have begun to emerge from the New Deal doghouse, to the alarm of more left-wing New Dealers (such as Lawyers Tommy Corcoran and Ben Cohen, Economist David Cushman Coyle). Last week's blast against steel was meant to chase the NRA advocates back into the doghouse for good. Instead it caused considerable barking...
Mounted police with steel helmets and fixed bayonets charged the students when they attempted to march down Plus XI street to the German embassy. The students were driven into a side street and finally scattered after two attempts to break through the police cordons...
...this is of academic interest to Harvard, no more. Cambridge students might conceivably applaud the crusading "News" for its sensational controversy, and might further suggest that this portrait of the typical Yale man be entombed with sundry other material in the steel shaft down at Oglethorpe which is to be opened in the year 8000. Beyond this, the big fight reminds them of tempests and teapots. Harvard men, with their much publicized and smugly-prized indifference, fall off of the other side of the wall. Which is the worse is a decision for the gods. Mortals can hope, however...
Since 1923, not a single pound of Canadian iron ore has been produced. The 2,000,000 tons of ore a year required by Canada's iron & steel industry are imported from Newfoundland and the U. S. It was therefore news last week when the Northern Miner (Toronto) reported that Canadian iron would soon be coming up from a big ore body beneath M-shaped Steep Rock Lake, located about 100 miles north of Minnesota's great Mesaba Range...