Word: allayed
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Dates: during 1930-1930
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Business Bid. As a piece of smart politics to allay the fears of Big Business, to bid for its favor, seven of Democracy's most potent leaders?James Middleton Cox, John William Davis and Alfred Emanuel Smith, the party's last three presidential nominees, together with Senate Leader Joseph Taylor Robinson, House Leader Garner, National Chairman Raskob and Executive Chairman Shouse?signed a manifesto on the party's future course. They said they regarded their "remark- able victory" as an "opportunity for constructive service." The Republican tariff they flayed as the "apotheosis of bad economy" but added: "Whatever changes...
...people refused to barter and trade. . . . It can hardly be expected that three days of unusual spending brought about by the adoption of this plan will prove to be the solution to all present business difficulties, but it will at least "start the ball rolling" and do much to allay the fear that now grips at the hearts of many salaried people. S. O. LlNDEMAN...