Word: sumption
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...never will be touched by a more sophisticated interpretation of the Gospel . . . There is a touch of presumption, if not worse, in most of the polemic against Mr. Graham -the assumption that the critics are able effectively to reach this modern Babylon, an as sumption flatly contradicted by the facts...
...Watchdog Harry S. Truman took a bite out of the U.S. Army & Navy last week. The Missouri Senator's criticism: they are unnecessarily delaying the re sumption of civilian production...
...week's end no such orders had arrived in Dearborn. Henry Ford sternly asserted that he was "not doing business with the British Government or any other foreign government," proceeded on the as sumption that U. S. orders will follow...
Where there are subsidies there is apt to be graft and corruption. On that as- sumption the U. S. Senate last summer began looking into air and ocean mail contracts. A special committee headed by Alabama's Black found that U. S. shipping men bought vessels for almost nothing from the Government and then collected fat fees for carrying almost no mail, that U. S. airline executives made big speculative profits while small concerns were being frozen off the air mail map. But not until last week did Senator Black and his committee strike pay dirt that, in newspaper...
...aggregate, consumption of goods by the ultimate consumer has re- mained at a very high level even during depression. . . . Judging the character of stagnation in business solely on the basis of consumption, we find that the depression is marked by sharply reduced con- sumption of producers' goods. That the way out of depression is to increase consumption of producers' goods seems evident. ... At the present time, however, if such a balanced recovery does occur, it does not seem likely that it can be attributed in any large part to the current activities of the Administration...