Word: steps
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Dates: during 1930-1939
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...step up and tell...
...First step in President Roosevelt's inflation program calls for the Federal Reserve System to enter the open market and buy up to $3,000,000,000 worth of U. S. securities. With the purchase money commercial banks would expand credit to their customers, help industry and business to get started again. Last year President Hoover tried this method of credit inflation to the tune of nearly $1,000,000,000. It did not succeed because the period was one of liquidation. Now that pressure has been relaxed, if not definitely reversed, President Roosevelt believes that with a strong...
...Secretary Wallace, with the aid of George Nelson Peek of Illinois and Charles John Brand of Minnesota who were appointed co-administrators last week, was ready to proceed cautiously with the other price-upping provisions of the law. His first step called for a series of Washington conferences with the producers and processors of each basic commodity to shape up an operating program on marketing agreements. If most millers consent to buy wheat from growers at $1 per bu., Secretary Wallace can suspend the anti-trust law to sanction such a bargain. If a minority group of millers refuse...
...four quarters of the globe in the past ten years, but until last week no nation had formally declared war since the League of Nations was founded. Paraguay, which has been fighting Bolivia in the steaming sponge of the Gran Chaco jungle for eleven months, took the brash step. A few hours after Bolivia had formally rejected the peace overtures of neighboring Argentina, Brazil, Chile and Peru, pudgy President Eirebio Ayala of Paraguay issued a proclamation...
...when President Roosevelt addressed U. S. Business in Congress assembled, he asked that wages be upped to keep in step with expected rises in the cost of living, he promised a Government club to drive recalcitrant minorities into trade associations where they would be taught to behave. Before (he meeting closed the Chamber as a whole plumped for production, planned and regulated by trade associations under Government supervision...