Word: allowable
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Dates: during 1930-1939
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...Certainly the chief remedy that will be resorted to will be to allow only a small percentage of the deposits to be withdrawn. That will save the weaker banks from complete failure, but of course there will be runs on some banks when the reopening comes; others won't be affected greatly. That is why I do not advocate a national unification of all our banks: the stronger would have to bear the weaker; it would be placing a premium on inefficiency...
...extreme lengths, laying a strict ban on inter-House transfers. The result has been a hardship imposed upon a considerable number of men. If a resident has good reasons for wanting to move to another House, and if no one is inconvenienced by the transfer, it is foolish to allow vague conceptions of House spirit to stand in the way. In a year of depression it argues a certain stubbornness for Masters to refuse permission for inter-House transfers to men who can secure cheaper rooms or more satisfactory room-mates by making the change...
Another criticism can be made concerning the compulsory four-course-per-year system, in effect regardless of the schedule a man may be carrying. A better plan would be to allow a certain amount of personal option regarding the number of courses to be carried at a time, especially in the case of men who are concentrating in Engineering Sciences or Chemistry, where divisionals are not required. Under this plan it would be possible to take five courses one year and three the next, and so on, thereby allowing the student to distribute his time and energy to better advantage...
There is not much advantage in talking about what fools we are to boast about our glorious American civilization, democracy, heritage, and so forth and to allow at the same time the bedrock of all this civilization, democracy, heritage, and so forth to be pulverized. There is more advantage in seeing what can be done about it. And two things can be done. For one, budgets can be reduced in other ways than by attacking the schools. It is better, for example, to reduce the salaries of a few bloated. Tammany commissioners than to curtail the functioning...
...want such guidance. A stereotyped and formal conference week after week is deadly. Some students are, shall I say, too able, too intellectually independent, to need tutorial attention. Others are too indifferent, too sterile, to gain anything therefrom. In each case, a tutorial "system" should be flexible enough to allow the tutor to save his time and patience, and the student his time, patience, or serenity, as the case may be, by simply agreeing not to have conferences...