Word: underbid
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Dates: during 1920-1929
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...times, regardless of weather conditions, which often make outdoor construction - impossible. The system has worked very well in the communities in which it has been tried. In fact on every occasion that the Guild has offered bids in competition with Union contractors, the latter have been considerably underbid. The quality of the work has been excellent, and in each case the contracts have been satisfactorily fulfilled...
...meet a part, at least, of the enormous demand, the high prices will prevail. Even then, however, they will decline very gradually and there is no prospect of an early lowering in prices. When Europe can take care of her own demand, she will then be able to underbid us in our markets and furnish goods at a lower price, for in Europe there are no such exorbitantly high wages paid as there are here...