Word: transformation
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Dates: during 1920-1929
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...week across the land. Their substance was furnished by conference after conference within the executive offices where sat President Hoover busily engaged in trying to stabilize Big Business (see p. 35). A major experiment on the mass-mind of the country was in progress as President Hoover sought to transform public psychology from a state of economic apprehension and uncertainty to one of faith and reassurance. To Industry he would give a new momentum to carry it over the aftermath of the stockmarket crash...
With bullish feeling prevalent, selling of stocks slackened, ended abruptly as the significance of Constructive Factors became apparent. Helping to transform selling into buying was a further reduction ($710,000,000) in brokers' loans, reduction of the rediscount rate to 4½% announcement of a proposed $160,000,000 tax reduction...
...that also is part of the, plan, anticipated by Dictator Stalin and the Communist Party and to be borne stoically by Russians until Oct. 1, 1933, if necessary. For until that date the Soviet Government and "Boss" Stalin have thoroughly committed themselves to an economic problem which is to transform the Soviet Union into an industrial giant, nourished during the next four years by a 24-billion-dollar investment in factory equipment. Of this huge sum 78% is being spent on machines to make machines, only 22% on the manufacture of goods for direct consumption. Therefore Soviet stores have little...
...Chafee Jr. of the Harvard Law School discovered in it a little-noted provision designed to exclude from the U. S. all seditious literature. Prof. Chafee complained that this restriction would cut the U. S. off from a large sector of the political and economic thought of Europe, would transform the customs service into literary censors...
...major purpose of commercialization would be to transform the political debts of Germany to the powers into purely business debts to individuals. Then if by any chance Germany should go bankrupt or bolshevik, the bond salesmen would have made their commissions, the Great Powers would have their money, and only the individuals who bought bonds would be out of pocket. Though the roulette wheel of peoples and politics spins and spins-red or black the bank will...