Word: surpluses
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Dates: during 1920-1929
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...spite of a national demand for new building and the opportunity for investing our surplus energies in European reconstruction, the country faces the increasingly serious question of unemployment. We are constantly hearing about a "shortage of labor", but in direct conflict to this statement are the thousands of men who are out of work and who apparently have little prospect of finding a job. Recent estimates place the number of idle laborers on January...
...prices which were in effect at that time would continue through the present year, and as a result, they paid prices for their labor and material which would allow them a profit only if these pirces did continue. Now, however, the nations of Europe cannot afford to buy our surplus, and as a result of this overproduction, food prices in the United States have been greatly reduced and the farmers find that they cannot sell their produce at a profit...
...some are still under reconsideration. Recently, a conference composed of Governors of several states went on record as favoring creation by the federal government of a foreign trade finance corporation designed to come to the rescue of American farmers who face ruin because there is no market for their surplus stock of foodstuffs, grain and other products. This corporation, although it would enable the peoples of other lands to obtain the commodities which they so greatly need, but for which they are not able to make immediate payment, involves a great deal of risk and delay in receiving payment...
...farmers will have to reduce their production--to supply only our own needs if something is not done to finance the export of their surplus. This situation shows that all parts of the world are interdependent. During the war, Europe suffered more than we did, and for a long time we profited by it. Now, however, the poverty and bankruptcy in Europe has begun to affect us adversely, and we must make the best of conditions as they exist...
Recent financial reports of the English government show a considerable surplus over expenditures with which to reduce the national debt. It is for us to do the Fame: to reduce expenditures and to maintain heavy taxation to pay off our debts as they come due. The present recommendations of the Treasury Department bid fair to do this, if the people can only be made to realize the situation...