Word: began
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Dates: during 1930-1939
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Early in 1939 TIME began publication of its Index of Business Conditions. Since then U. S. business has had a long slow sag, a shorter slow recovery, a sudden stimulant from war, a spurt to new high levels, a leveling off. TIME herewith presents, in relation to these events, a review of the movements of its Index and of the three components (see chart) of which the Index is a composite...
...they are shown separately.) In early 1939 the trend of turnover in trade centres followed a course roughly parallel to that of industrial production as measured by the Federal Reserve Board. Trade centre turnover fell 9% from the first of the year to the end of April and then began gradually to rise. The Federal Reserve Board index fell 11.5% from its 104 high in December to 92 in May. This was the sagging period of the spring when business had failed to measure up to expectations...
Trade centre turnover and the Federal Reserve Board production index again moved roughly parallel during the next period in which business began to take hope of autumn improvement. But in August the two parted company for the rest of the year, for in that month the production index practically ceased rising; then the sudden impact of war sent it zooming skyward to a November peak (preliminary estimate: 125, well above its recovery high, just equaling its all-time 1929 peak...
...trilling of swivel-voiced prima donnas. Fashionable composers like Handel had to write their librettos in Italian. The Caruso of the period was the Italian eunuch-Francesco Bernardi Senesino, whose misfortunate voice earned fabulous sums at London's Royal Academy of Music. Lustier London wits like Henry Fielding began poking fun at this artificial art, inveighed against London's "wanton, affected fondness for foreign musick," with its "squeaking recitatives, paltry Eunuchs . . . and trills of insignificant, outlandish vowels...
Twenty years ago the U. S. Public Health Service quietly began to print dowdy little pamphlets on birds, flowers & sex which it handed out to parents and schoolteachers for the price of a stamp. Later it dared dry little whispers on the cause and treatment of venereal disease. Three and a half years ago, when dynamic Thomas Parran was appointed Surgeon-General, he promptly starched up the publicity of the Public Health Service, egged on press and radio to utter the unutterable words "syphilis" and "gonorrhea...