Word: implementable
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Other significant gains in capital goods: packaging machinery, especially for foods, destined for Latin America; trucks & busses up 47%; electrical equipment up 24%; farm implement exports up 20% to $16,690,000. But all such items fell miserably short of the ten-digit dollar totals needed to snap U. S. capital goods production out of its ten-year slump...
...what has kept the people of Britain, France and the U. S. behind her, is that China wants to be a democracy. Long ago Generalissimo Chiang promised his country a republican constitution. One of the main reasons for Communist hostility to his regime has been his failure to implement that promise. But Chiang Kai-shek believes his people must hang on the vines a little longer before they will be ripe for democracy...
Last summer Chicago's mammoth International Harvester Co., No. i U. S. farm implement manufacturer, belatedly entered the booming small-implement market with a new, light tractor selling at $515, or $225 cheaper than any previous International model. Fortnight ago it caught up with the sensationally successful market in small combines (which harvest and thresh crops in a single operation as they move through fields) by introducing a 4-ft. model priced at $405-cheapest in the U. S. save for Allis-Chalmers' 40-in., $340 combine which opened up the small-combine field five years...
...Republican Position. The New Deal conception of a limited and lessening outlook for American enterprise and the reactionary policies of economic restriction with which it has sought to implement this conception should be decisively rejected...
Question is whether the healthy competition started by Allis-Chalmers has taught U. S. farm implement companies their lesson. Barely two years ago the industry greeted Depression II with a 4-5% price rise. So catastrophic was the kickback that, later in 1938, the increase was given back, prices on heavy machinery were slashed up to 12%. With dollar-plus wheat and 72? corn, the industry has not guaranteed its customers against a price rise in 1940. It always prefers rosy spectacles...