Word: lowering
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Dates: during 1930-1930
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...addressing. They wanted to dump into any post office great bundles of circulars for which they would pay the usual rates. Each letter carrier would have been given a bundle with orders to leave one circular at each stop on his route. Overburdened postmen would have stooped even lower under this enormous new load. Declared Postmaster General Brown, rejecting the proposal: "There is no provision of law authorizing the acceptance of unaddressed matter. . . . [It] would place upon the Postal Service the responsibility of selecting the particular individuals to whom the matter is to be delivered, a function clearly the duty...
Wages. Operators had spoken darkly of the economic necessity of reducing the cost of producing anthracite to meet the competition of fuel oil. They implied that cost reduction could be accomplished only by a lower wage scale. Miners had stoutly maintained that they would never agree to lower wages. The new contract continues the present wage scale where- under hard-coal diggers receive from...
...Midwest oven last week went Secretary of Agriculture Arthur Mastick Hyde and Chairman of the Farm Board Alexander Legge to preach the gospel of wheat acreage reduction. Before they left Washington they solemnly warned wheat producers that ahead of them lay seven lean years with "world wheat prices . . . appreciably lower than in the last seven years" (TIME, July 14). Secretary Hyde, comparing himself with Paul Revere, declared: "We are posted as sentries on the lookout towers to see what is coming. We would be derelict in our duty if we didn't warn the farmers...
...Department of Agriculture, anxious to reduce wheat acreage, came out with a lengthy report of which the essence was: "While improvement is expected over the low level of prices in the past month, the present prospect is that world wheat prices during the next seven years will average appreciably lower than in the past seven years...
Railroad Earnings will of course be much lower than during 1929, the first 74 roads reporting for May showing a drop of 33.1% in income...