Word: upturns
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Guaranty Trust Co. of New York in its survey wrote: "Recent developments do not brighten the outlook for a marked upturn in the early future. . . . With few exceptions current reports continue to point to further recession in industrial output and trade volume...
...Department of Labor's employment service report that "industry had made no substantial gain in February," that it was apparently "consolidating the progress made in January for an expected upturn during the spring months" produced such headlines...
...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...