Word: 1920s
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Monetary and fiscal policy have found some powerful new allies in holding down inflation. One is the psychology of the consuming public; buyers plainly intend to buy at their price or not at all. Another new force is sharp foreign competition. For the first time since the 1920s, U.S. labor and management are facing efficient, hustling overseas competition. Price cutting abroad and buyer resistance at home, say the economists, are forcing labor and management to recognize some hard facts about the danger in ever-rising wages and prices...
...treaty, which forbids West Germany to manufacture atomic, bacteriological or chemical weapons, applies only to "the territory of the Federal Republic," the London Times unhappily noted: "Indeed, the West Germans could if they wished manufacture rockets and atomic warheads in Spain." Others were quick to remember the 1920s, when Germany's democratic Weimar Republic secretly accepted a Soviet offer to let Germans train with illegal weapons at Russian bases...
...Actress Stickney respects her material, her material restricts Poet Millay. Only glimpsed through chinks is that mingled poet and woman who during the 1920s crystallized an attitude and epitomized an era. Whether with her gaily illicit valentines or her often vibrant cris du coeur, Edna Millay reshaped romantic love into lyrical sex, was one moment a heartbreaker, the next moment heartbroken. She made unconventionality chic, but could also, as in picketing for Sacco and Vanzetti, make protest resonant. There was something of a distaff Byron, about her, and on the stage of the '20s she was one kind...
Died. Oswaldo Euclydes de Souza Aranha, 65, Brazilian rancher and statesman who gained enough experience from revolutionary clashes of the 1920s to captain the forces that installed Strongman Getulio Vargas as Brazil's President, went on to be Vargas' Ambassador to Washington (1934-38) and Foreign Minister 1938-44), established close relations with the U.S. (though in later years he became disillusioned by U.S. hard-money policies), persuaded other Latin American countries to sever diplomatic relations with the Axis, brought Brazil into the war on the side of the U.S. over the reluctance of his chief and even...
...with splayed fingers, setting the hall alive with the violently percussive rhythms, the clipped vocal phrases, the primary colorations that once made his ritualistic evocation of a peasant wedding such a shocking piece of musical theater. But last week's audience had traveled a long way from the 1920s: its reaction was not one of shock but of reverence in the presence of an acknowledged masterwork...