Word: downwards
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Long ago the Senate's day-to-day ploddings through the Tariff Bill ceased to be newsworthy. For five months the coalition of Democrats and Progressive Republicans has been painstakingly revising downward industrial rates set by the House and by the Senate Finance Committee.* Last week the Tariff got back into headlines, not because of any startling new developments, but because of the lack of them. A great juggling match of political blame-fixing for the delay ensued. Once more the position of President Hoover, who last November "hoped" the Senate would pass the bill in a fortnight became...
...brief period last week the Chicago Board of Trade supplanted the New York Stock Exchange as the dominant U. S. speculative force; the Pit held the Floor in thrall. Stock quotations closely followed grain prices, and the procession was almost steadily downward until the last day of trading...
Tumbling almost steadily downward, last week the price of wheat touched the lowest levels on the present crop and cotton crashed to the worst prices since 1927. In wheat the situation seemed a natural one of supply and demand. In cotton the decline was somewhat justified by cold which is said to have killed the boll weevil in large areas. But what caused cotton to drop precipitately was apparently "an unfortunate misunderstanding." Briefly, the "unfortunate misunderstanding" seems to have taken place as follows...
...document room, tucked away behind corridors, was hard to reach. Firefighters scaled the walls, fought the flames downward through the roof. Cameramen's flashlights added to the radiance of the scene. Senators. Congressmen, Justices of the Supreme Court hustled "up the hill" from dinner to see their workshop burn...
...however, as is earnestly hoped, some revision downward may be made in the minimum board charge, there will be ample opportunity for the existence of clubs which serve one meal a day. Such organizations have a successful prototype in the Metropolitan lunch clubs, and would perform a valuable service in bringing men of different Houses together several times a week. A revision of the club system in this direction would retain most of the real advantages of the present system and do away with the isolated clique tendency which finds its fullest and worst development in so many other American...