Word: threated
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...quietly repealed at some time in the distant future. Unlike other opponents of oath legislation, he does not realize that such a law can never become a "dead letter". As long as it remains on the statute books of the Commonwealth it must be, if not an outright threat, at least an unwarranted reflection upon the teaching profession...
...amount, in the opinion of Mr. Eccles, "ample to finance further recovery and to maintain easy money conditions." Since the Treasury is now "sterilizing" gold imports by putting them in cold storage instead of letting them seep into the credit system (TIME, Jan. 4), the threat of a further expansion in excess reserves has been largely removed. And with the present total shaved to a figure within the reach of the standard tools of credit control-the rediscount rate and open market operations in government bonds-Chairman Eccles is now battened down for a boom blow...
...over. More important to Mr. Lewis than the wage increases thus won was the settle-ment of these strikes, which might have shut down a good part of the motor industry. In fact last week Chrysler plants shut down for two days because of a shortage of glass. The threat of a general shut-down had showed signs of inciting the public...
...Lewis was not only pleased to have that threat removed but also pleased because it strengthened his hand against General Motors, which will now have to watch its competitors get business while its plants are shut down. Far from resting on its arms, G. M. continued to cultivate with spirit and shrewdness the public sympathy drawn to it by: 1) its reasonableness in offering to negotiate any issue when the strikers should cease their "unlawful occupation" of its plants; 2) the plight of non-union workers unwillingly deprived of work & pay. In Manhattan, President Sloan issued a vigorous statement rehearsing...
...industrial racketeers. The technique of industrial racketeering, he has discovered, is simple, standardized. A racketeer gets control of a union, or a union leader turns racketeer. In such highly-organized industries as New York City's, a strike is a paralyzing weapon. After a few samples, the mere threat of strike is usually enough to keep businessmen in line. The racketeer employs sluggings, bombings, window-smashings as supplementary discipline. But he shrinks from murder, resorts to an occasional killing only to prove that he means business. Hand in glove with the corrupt labor union usually works a "trade association...