Word: upturning
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Dates: during 1920-1929
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...official keepers of the law within the law they keep, the National Commission on Law Enforcement last week reached out and drew into its service as expert investigators two good lawyers- Professor Zechariah Chafee Jr. of the Harvard Law School and Walter H. Pollak, Manhattan attorney. Their assignment: to upturn all possible facts for the Commission's subcommittee on "Lawlessness of governmental law enforcing officers." Libertarians were heartened by the appointment of Professor Chafee for they knew him of old as a thoroughgoing liberal who in the past has had no patience with law officers who abuse...
...earners employed in identical manufacturing establishments in Massachusetts. The largest declines took place in the boot & shoe and the cotton goods industries, and were partly due to seasonal influences." Chicago: "Employment at industrial plants . . . showed an aggregate decline of 0.7%. . . . The comparatively small curtailment was the result of an upturn in the demand for iron & steel, which to a large extent counteracted the continued slowing-down in other industrial lines . . ."; San Francisco: In California, 781 firms employed 136,342 in December 1927; and 145,286 in December 1926; in Oregon, 166 firms employed 25,642 in December...
Recently Mr. Reynolds has again expressed a concrete opinion: "Within 30 days there will be a very definite and easily measurable upturn in business. I mean by that something more than a change in sentiment and a foundation for hope. . . . Business is fundamentally sound despite the difficulties of some specific industries. The political situation is much more encouraging . . . Business has been stagnant so long that there has been a material accumulation of needs in almost all industry, and this must lead toward acceleration...
...recent upturn in copper prices, accompanied by signs of increased consumption and improved conditions among European nations, was hastily seized upon by many as proof that all American copper companies were in for better times. Anaconda copper suddenly passed its dividend, followed shortly afterwards by Inspiration and Calumet and Hecla, and there then came a day of hysterical selling in the stock market, in which practically all the coppers declined. Subsequently, however, the better companies have been thought more favorably of, and their stocks have risen again, particularly after Kennecot declared its regular dividend...
...upturn of commerce and industry during the past year has largely been due to the attempt of the business world to make good four great shortages. The first of these was the shortage of building construction which had been accumulating during the past six years. This shortage had reached such large proportions by the beginning of 1922 that careful estimates indicate that in our cities it amounted to as much as the total amount of building normally done in two and a half years. This means that the construction industry would have to work at 25 percent above its normal...