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...long, is able to employ greater producing capacity than his rivals who are fundamentally more efficient. This and other similar conditions show that unrestrained rivalry comes far from amounting to a system of checks and balances and an agent of adjustment. It suggests more accurately a continually descending spiral, pointing through industrial anarchy towards ultimate destruction for every one. Some sort of regulation or supervision over production has proved itself necessary. The N.R.A. is the solution...

Author: NO WRITER ATTRIBUTED | Title: John Dickinson Scores Harvard Professors as Know-it-Alls---Should Concede Are Groping | 1/12/1934 | See Source »

...months more (for sunspot changes cannot be forecast like eclipses) had not Dr. Seth Barnes Nicholson of Mt. Wilson Observatory reported two heralds of the sunspot upturn, slyly adding that he saw a first and fainter one a month ago. Sunspots seem to be whirlwinds-the mouths of spiral disturbances arising from below the surface. Hot gases emerging from the vortex expand and cool, thus make the spot look comparatively dark. Though no explanation of the cause of the disturbances has been confidently advanced, the shifting combination of gravitational pulls exerted by the planets is possibly involved. Visible spots range...

Author: /time Magazine | Title: Science: Sunspot Upturn | 11/13/1933 | See Source »

...sales to be expected from the rising purchasing power of the public. That is good economics and good business. . . . If we now inflate prices as fast and as far as we increase wages the whole project will be set at naught. . . . If we can . . . start a strong sound upward spiral of business activity our industries will have little doubt of black-ink operations in the last quarter of this year...

Author: /time Magazine | Title: INDUSTRY: Supreme Effort | 6/26/1933 | See Source »

...that the country has outgrown them in both directions, above and below, it is doubtful that so subtle a mind as Hearst's is trapped in tragedy. He knows he has lived a great life and bent the course of millions of other lives. By the dark mental spiral that is called "inconsistency" he can accommodate himself and his past to whatever is new. That is what he has always been, a newsman...

Author: /time Magazine | Title: The Press: Hearst | 5/1/1933 | See Source »

...mail trains . . . huge letter bags, bearing hundreds of thousands of orders . . . lightning fast machines opening envelopes with a single scissors' stroke . . . miles of pneumatic tubes carrying orders to a score of departments . . . vast aisles of ready merchandise . . . your order filled . . . checked . . . placed on great moving belts . . . rushed down spiral carriers to shipping rooms . . . for packing, labeling, stamping . . . other great mail bags . . . fast mail trains . . . your order is at your door...

Author: /time Magazine | Title: Business: 6,000,000 Catalogs | 1/30/1933 | See Source »

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