Proceedings of the Conference with the President of the United States and the Secretary of Labor of the Governors of the States and Mayors of Cities in the East Room of the White House, Washington, D.C., March 3, 4, and 5, 1919U.S. Government Printing Office, 1919 - 352 páginas |
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Términos y frases comunes
ADDRESS amendment American Applause basis believe bolshevik bolshevism bonds boys called capital cent Chair CHAIRMAN AND GENTLEMEN Committee on Resolutions conference Conference of Governors Congress construction contracts COOLIDGE cooperation Department desire dollars employed employees farm Federal Government governor of Ohio governor of Oregon governors and mayors increased industry interest Kansas City land large number manufacturing materials matter Mayor PETERS meeting ment million motion municipalities Nation necessary North Dakota o'clock peace period plants present President price revolution problem production prosperity public improvements question Railroad Administration readjustment reconstruction reduce representative returning soldiers Secretary Lane Secretary WILSON situation soldiers and sailors suggestions things tion to-day trade unemployed union United unrest vote wages War Department War Finance Corporation War Labor Board Washington Woonsocket Youngstown
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Página 206 - ... as member of the house of representatives of the State legislature in 1894 and 1895, and in the senate in 1902, 1903, and 1904; was appointed by Gov. Atkinson as member of State memorial board; is a member of the National Forest Reservation Commission, created by the act of March 1, 1911; member of the Joint Committee on Federal Aid in the Construction of Post Roads...
Página 55 - Blest with victory and peace, may the heaven-rescued land Praise the Power that hath made and preserved us a nation. Then conquer we must, when our cause it is just ; And this be our motto :
Página 109 - There was an old woman who lived In a shoe, She had so many children, she didn't know what to do.
Página 198 - ... high." People talked then of temporary "inflation," just as they talk of it now. But it was not temporary; it was a new price level. A similar increase in prices all over the world occurred between 1896 and 1914, following the discovery of the rich gold fields of South Africa, Cripple Creek, and Alaska, the invention of the cyanide process in mining, and the vast extension of the use of bank credit.
Página 22 - We are at last learning that the business of government is to take counsel for the average man ; we are at last learning that the whole matter of the prosperity of peoples runs down into the great body of the men and women who do the work of the world, and that the process of guidance is not completed by the mere success of great enterprises ; it is completed only by the standard of the benefit conferred upon those who, in the obscure ranks of life, contribute to the success of those enterprises.
Página 155 - To the working people of America: The war is over. Your exploiters have quickly placed their profits in safety. You, the working slaves, will soon find yourselves on the streets, facing a hard winter, looking for work. For it is your only means to supply yourselves with the necessities of life. Because you lack the courage to use their methods!
Página 198 - The fundamental practical question confronting business men is whether the general level of prices is going to fall. In my opinion it is not going to fall much, if at all. We are on a permanently higher price level, and the sooner the business men of the country take this view and adjust themselves...
Página 200 - European prices fall gold is not likely to flow thither. Prices are no more likely to fall there than here, and for the same reasons, which will be explained below. 3. Reduction of outstanding credit. — The chief dependence of those who predict lower prices is on a reduction of the superstructure of credit resting upon our gold rather than on any reduction in the volume of this gold itself. They look for a contraction of bank credit, a reduction in the volume of deposits subject to check, which...
Página 198 - The general level of prices is dependent upon the volume and rapidity of turnover of the circulating medium in relation to the business to be transacted thereby. If the number of dollars circulated by cash and by check doubles while the number of goods and services exchanged thereby remains constant, prices will about double. The great price changes in history have come about in just this manner. The
Página 200 - ... worth keeping in mind that liberty bonds and other Government securities held here do not wholly cease being a source of credit expansion when the individual subscribers have completed their payments on the bonds and really own them. These new bonds are unrivaled security for further borrowings from banks for commercial purposes, and they will continue to be so until the Government which issues them redeems them. The availability of the vast issues of war bonds as bases for future credit expansion,...