Word: tugwellian
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Dates: during 1934-1934
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...making a profit. Yet to date, the administration has deprecated the profit motive as a guide to business activity. It has attempted to limit profits, to set up competing industries, and to foster projects entailing the limitation of production. Even more important than its actual limitations have been its Tugwellian threats of price fixing and of more stringent control of all of the activities of private business...
Deep down in his heart many a pious U. S. farmer firmly believes that the great Drought of 1934 was the work of God, angry at Tugwellian efforts to thwart His bounty. Yet the same God has so far failed to register His displeasure with another program for the willful destruction of natural wealth which, for sheer grandeur in scope and execution, dwarfs anything ever attempted in the U. S. or elsewhere. In three years Brazil's Departamento Nacional do Café has fired, made into fuel briquets or dumped into the deep blue sea 31,500,000 bags...
Small use have such tycoons for the Tugwellian likes of Ralph Edmund Turner, who used to be State chairman of labor-aiding Pennsylvania Security League. Even after University pressure reputedly made him give up that job he kept on loudly fighting the League's battles against sweatshops and exploitation of women & children, for old-age pensions, unemployment insurance, workmen's compensation. Nor is he the kind of antagonist who makes opponents love him in spite of honest differences. Chunky and spike-haired, he prides himself on speaking his mind anywhere about anything. When he gets on the subject...
...last week the Tugwellian words and ideas seemed to have undergone a marked public change. On the day President Roosevelt sent his nomination to the Senate Dr. Tugwell was just between two speeches. Three days before he addressed the American Society of Newspaper Editors, praising a free press" and saying reassuringly...
...what you have seen in the papers, Lindley's book will be an admirable introduction, review, or reference book on the New Deal. If you want scientific comment on economic or administrative phases of the Roosevelt regime, if you are looking for primer like explanations of the fundamentals of Tugwellian economics or for predictions of future development, this book doesn't fill the bill. It tries to get at recovery philosophy and to talk of "The Next Phase," but all it succeeds in doing is giving the news...
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