Word: consumptionism
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If the present rate of U. S. coal consumption of 586,000,000 metric tons a year is maintained the coal resources of the United States will last this country another 6,033 years. (A metric ton weighs 2,204,662 pounds.)
These figures do not include the recently discovered vast Alaskan coal fields (which can supply the Pacific States for 1,000 years), the imperfectly explored coal fields in Colorado, New Mexico, Arizona and the Rocky Mountains generally, or the deep lying coal deposits which at present there is no profitable...
The Government lost its suit to enjoin the New York Coffee ant Sugar Exchange. Four Federal judges refused to grant the requested injunction against trading in sugar futures, on the ground that no conspiracy in violation of the Sherman Act or the Wilson Tariff Act was revealed. Attorney General Daugherty...
During the past week the current financial and business situation changed little. Production, particularly in steel, oil and automobiles, remained at high rates, but with a detestable tendency to decline. The stock market remained dull and heavy. Cotton and wheat were firmer. The slackening tendency observable in business generally is...
Breaking their own and all other endurance records, Lieutenants John A. MacReady and Oakley Kelly landed completely exhausted after flying 36 hours and 5 minutes at Dayton, Ohio. Credit is due as much to the physical and mental endurance of these officers as to the Fokker T-2 monoplane and...