Word: pumpings
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...celebration of Armistice Day at Arlington National Cemetery. Boss Batista eagerly left Cuba for the first time in his 37 years, turned up with his buxom lady, several aides and a trunkful of uniforms. His old enemy Sumner Welles, now Under Secretary of State, was the first to pump his hand at Union Station. To make the welcome royal, the U. S. Army band struck up the Cuban national anthem, and with a blare of trumpets gave the beaming Colonel a full general's salute...
...over-the-counter market regulation, only major issue oi last week's gathering was the proposed elimination of tax-exempt securities. After hearing Chief Counsel John Philip Wenchel of the Bureau of Internal Revenue expound the New Deal doctrine that tax exemption should be ended in order to pump stagnant savings into use, then hearing Banker David Wood rebut with the standard argument that taxing tax-exempts would violate State rights, the assembled investment bankers resolved in favor of eliminating tax exemption on future issues. But this was no New Deal yessing, for banishing of tax exemption would mean...
Some of the basic reasons for these good tidings were visible in last week's figures on the flow of money. With gold still pouring in, U. S. stocks crossed $14,000,000,000 for the first time. With pump-priming going full blast, the 1938 Treasury deficit reached $979,000,000 against $449,000,000 for the same period last year...
...unparalleled chance to make hay. A more energetic campaigner than bespectacled Governor Benson, he has covered 20,000 Minnesota miles in his car, bellowing into a back seat dictaphone between speeches. He makes as many as four in one evening, always scurries to the back of the hall to pump the hand of each departing listener...
...spokesman" that the nation's shelves of merchandise were far more empty than a year ago, that the consumer demand of the public had declined far less than might have been supposed from reading the tearing-down stories in the press, that the full effect of pump-priming was still to be felt, that employment was gaining more than seasonally. The "spokesman" warned that the Administration will continue to prevent prices from going through the roof...