Word: 20s
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...once more attempting to foretell the shape of things to come. Like the Proteus of classic fable, he has the further gift of eluding those who clutch at him, changing his shape and slipping out of their grasp. At 58, he is still the revolutionary he was in his 20s...
...years politicians and reformers have kept U. S. business in the doghouse. It was reputed antisocial, partly because of a few unsavory incidents, but mainly because the prosperity of the 20s did not last forever. It was tacitly assumed that businessmen as a group were reactionary. But neither the few who spoke for business nor the many who spoke against it had much if any evidence of what businessmen really thought. Recently FORTUNE decided to find...
...paid the late Enrico Caruso alone some $3,000,000 in record royalties. What they paid for was a croaking shadow of Caruso's ringing voice. But in the days of hand-cranked Victrolas, even shadows were marvels of scientific progress. When the radio arrived in the early 20s, Victor Talking Machine Co., with Caruso as its biggest name, was doing more than half the industry's business to the tune of more than $50,000,000 annually. But by 1925 that figure had dwindled nearly 50%, and the heaps of records in Victor's stockrooms...
...reproduction. By means of their new recording and amplifying gadgets the phonographic disc could, for the first time, catch a close approximation of actual sound, from the topmost squeaks of the piccolo to the profoundest groans of the bass tuba. Morose manufacturers adopted the new gadgets in the middle 20s. Electrical recording failed to set the industry on the road to recovery. But it did lay a firmer foundation for the Industry's future growth. It remade a mechanical stunt into a musical instrument...
Henry Wallace's Department of Agriculture winced at the facts. The Department of Commerce reported that only 3,327,000 bales of the 1938-39 crop were exported, a 60-year low, 40.6% less than the previous year, 69.4% less than the high of the 20s (10,927,000 bales). To top this, the Census Bureau announced its count on the U. S. carryover of cotton: a record total of 13,032,611 bales, up 1,499,172 from last market year's hoard...