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...tons in the first two months of the year was precisely 100% above the figure for the same period of 1933. Steel scrap prices, which generally forecast the trend of steel activity, rose to a 3½-year high at $14.50 per ton. Brightest spot was the Detroit area where mills were running at 100% capacity. Retail sales boomed again after the quiet interlude brought by storms and bitter weather. New England merchants reported a gain of 8.9% for February but the average gain for the U. S. was estimated to be 20% to 25%. Springfield (Mass.) reported a jump...
Yugo-Slavia is one of the richest and last known regions in Europe, from the stand point of ancient civilizations, for this area was the first recipient of Original culture, and in its turn, transmitted the new traits to the rest of continental Europe...
...economic aspects of this housing plan, there are one or two things which may have slipped even the nimble brains of the Party, First, will not the purchase of tenement land reduce the taxable area of the municipal government, causing it either to sustain a further loss on the investment or to plaster another burden on the rich and near rich which may impede the further burgeoning of the little buds of recovery which seem to be cropping up in the British Isles? Second, will not the costs of purchase, destruction, and reconstruction force a high rental, higher than slum...
...seldom been either enforced or obeyed, and any really permanent improvement of housings under private management is rendered impracticable by the financial incapacity of the owners. Obviously the landlord, by very definition, can effect no change for which his impecunious tenants are unable to compensate him. The vast area of tottering, overcrowded structures common to all American cities cannot be patched or braced; it must eventually be scrapped in toto and replaced by a group of modern apartments fit for human habitation...
...stocks do not contain the immense quantity of water many of the industrials contain. In fact, our water comes "rom the desert area, while industrials are usually organized by promoters whose hydraulic pumps operate out of the Atlantic Ocean. The bankers, as a rule, do not help us because our activities inter-"ere with their game...