Word: steps
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Dates: during 1930-1939
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Stillstand Moves. First step was to listen to a long elaborate explanation of Germany's present financial position from Dr. Karl Melchior. This led to a few hard words, for Dr. Melchior either did not know or would not say just what assets Germany holds abroad. Moreover, the political situation in Germany was so improved (TIME, Aug. 17) that everyone felt more free to handle the Germans firmly. There was much criticism of German domestic extravagance. From the Wall Street point of view no financial diplomat could better express the hard truth which Germany had yet to be told...
...Most of us are apt to think," said he. "that the battle has been won when it is' possible for the broadcasters to eliminate extraneous noise and present our music against a background of silence. Admittedly, that is a very great step forward since the early days of radio, but it is very far from being...
...Morrow and his coal colleagues agreed that overproduction and cut-throat competition were the curse of their industry. If they attempted to get together and regulate themselves by production and price-fixing, they faced prosecution under the Sherman Anti-Trust Act. If, as Mr. Morrow proposed, the Government should step into control of the industry, it could close down the smaller mines, guide the larger ones safely around the Sherman law to profitable mergers and otherwise act to conserve a natural resource. If soft coal mining were put on a paying basis, Mr. Morrow argued, prices would rise sufficiently...
...Hoover in his message to Congress last December, pointed out. Another is legislation in the name of conservation whereby the Government would buy up unprofitable mines and hold their contents as a national reserve in much the same way oil on public lands is now held. Operators favoring this step declared that for $25.000,000 the Government could purchase enough mines in western Pennsylvania to put all the rest in that area on a profitable basis...
...flew from the Shamrock's truck and from the stern of his steam yacht Erin floated the White Ensign, a flag which only ships of the Royal Navy and yachts of the Royal Squadron may carry. But he did not set foot in the clubhouse last week or step on the sacred lawn. That was his rebuttal for the years that he had been denied membership...