Word: upturns
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...whole continued to decline. The New York Times business index registered its fifth consecutive weekly decline. While trade was going steadily downhill it gave no signs of such a collapse as Wall Street confidently predicted six weeks ago. But even the most sanguine businessmen saw little hope of an upturn until August at the earliest...
...there is going to be no middle ground; no return to normal and unsubsidized prosperity, by 1936. What success the administration has had so far in effecting an upturn in business has been quite independent of all the blood and sweat of the NRA and the codes; has, on the contrary, been only proportional to the amount of money practically created and spent by the government in wages or contracts leading to wages. Only the "artificial" remedies have had any real and lasting effect. And any attempt to substitute for them the bad economics and ballyhoo of the N.R.A...
...times a session will the Court be called upon to enter upon the question of the existence of the emergency? How much weight will the Courts give to the legislative flat which declares the existence of the emergency? Will our lower courts be swamped with cases at every slight upturn in business by litigants claiming that the national (or state or local) emergency has ceased to exist? The most likely answer is that the Courts will place more and more reliance upon the opinion of the legislatures in this matter. The dangerous consequences of this tendency are too obvious...
...would have been far better off. But, he argued: "My guess was wrong. If any one can answer the question of when to sell and when not to sell, all the hazard will be taken out of the banking and investment business. . . . We thought the market would show an upturn and I still think that, with the situation as it was at that time, we should have held the securities for future sale. . . . Among the securities . . . were 4,941 shares of Middle West Utilities. I advised her to sell some and she said she wanted to retain at least...
...with magnetic polarities reversed in respect to the spots of the dying cycle. They had been looking for months, might have looked for months more (for sunspot changes cannot be forecast like eclipses) had not Dr. Seth Barnes Nicholson of Mt. Wilson Observatory reported two heralds of the sunspot upturn, slyly adding that he saw a first and fainter one a month ago. Sunspots seem to be whirlwinds-the mouths of spiral disturbances arising from below the surface. Hot gases emerging from the vortex expand and cool, thus make the spot look comparatively dark. Though no explanation of the cause...