Word: steps
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Dates: during 1930-1939
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When Publisher William Randolph Hearst was loudly thumping for his BUY AMERICAN movement six months ago, the City of New York became his first important disciple. The city government agreed to specify domestic steel in all its building contracts. Going a step farther, it forbade the use of imported cement in municipal construction. The Hearst Press trumpeted its triumph...
...significance of the gold standard or indeed of any device to secure stable foreign exchange rates is that if forces the countries participating in the arrangement to keep in step industrially. Should one country of the group attempt to pursue an independent monetary expansion policy its imports would tend to increase relatively to its experts and an outflow of gold would result. If the country had a great amount of gold and if it were prepared and able to prevent the outflow from exercising a contractive effect on the volume of means of payment it is possible that the other...
...Havana, where U. S. Ambassador Welles was trying-despite continued dou-ble-crossing-to arbitrate bloody differences between Cuba's political ins and outs, the President sent President Gerardo Machado a pleasant but barb-pointed cable: "Restoration of political peace is a necessary and preliminary step on the way to Cuba's economic recovery." ¶ The President was happy to receive a report that his Civilian Conservation Corps had been completely enrolled (274,-375 ), was now working in the woods, had already sent home more than $6,000,000 to its jobless relations. ¶ Waiting at the White...
...would General Johnson step in to control prices, once the President had suspended the Sherman Anti-Trust Law to permit industries to make price agreements? He had two courses open: 1) slap an operating license upon an industry that starts kiting prices and then, unless prices return to earth, revoke the license and put the industry temporarily out of business; 2) get the President to rescind his suspension of the Anti-Trust law for the offending industry, leaving it open to prosecution for monopolistic price-upping...
...Contry of the Gold Devil"), where he pyramided another flimsy fortune, gradually subsided into a broken-down old panhandler in the Orient. When Authoress Benson last heard of him he was in Macao, "where, for the moment, he stands balanced, as though on a steppingstone, about to step into a new life of grand sansation...