Word: backwardation
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...worst thing that could happen to this country would be a step backward in our fight against liquor. . . . Such a change [repeal of the 18th Amendment] would be a calamity, but there's no possibility of it. As for present enforcement conditions, we manage to get along well enough at Detroit, although we are next door to Canada. Personally I'd turn out the army and navy to stop bootlegging...
...mouth which prepares us for his ample waistline and the folds of flesh above his stiff collar. He stands alone because the cercle round him has formed at a respectful distance. Now ... [a sycophant] advances with a deep obeisance, shakes the great man's hand . . . and then withdraws backward, wriggling his rump with fawning rapture. . . . Vivat Gustavus...
...began "welshing," to meet non-union competition. On April 1, 1927, when the agreement expired, began the general bituminous strike, a strike that is not settled yet. Through successive months of hope, doggedness, anger, misery, squalor, International President John L. Lewis exhorted the United Mine Workers to take "no backward step" from their demands for continuance of Jacksonville rates. Many an operator went bankrupt. Many a head was broken in fights between union pickets and company "scabs" or police. The strong companies remanned their mines with non-union...
...Coolidge always knew more definitely what he did not want than what he wanted. His messages were often vague on the positive side but crystalline in their clarity about his dislikes and aversions. ... He is negation incarnate. As President, he bestraddled progress face backward...
...second half year begins, a backward survey suggests that the most significant business and financial feature of the first six months of 1928 was not the boom of stocks, but the number and scope of corporate mergers. The stock market strength of securities depends upon the strength of the underlying business ventures and by mergers those ventures have strengthened themselves. Some significant mergers, acquisitions, or consolidations this half year have been...