Word: amounts
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Dates: during 1930-1939
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...Panamas and Consols are the only Government bonds with the so-called circulation privilege. When a bank wants to issue its own notes, it must deposit in Washington approximately an equal amount on those bonds and no others.* Thus by calling the Panamas and Consols the Government will eliminate National Bank notes from circulation-something contemplated by the founders of the Federal Reserve...
...effect the Treasury will pay off its Panamas and Consols with gold certificates deposited in the Federal Reserve banks, which in turn will pay out Federal Reserve notes. Thus while the Government is injecting more than a half-billion of new money into the economic system, practically the same amount in bank notes will disappear. In this way Mr. Morgenthau will spend part of his gold profits with no direct inflationary results...
...seized with his fatal illness. In his will he left $14,000,000 to music, stipulating that it should be used to provide training for young musicians, free concerts for the public and aid for the Metropolitan "at such times and to such extent and in such amount as the trustees [of the Juilliard Foundation] may in their discretion deem proper." The Juilliard School of Music has thrived on a $600,000 per year income. Last week the trustees of the $14,000,000 deemed it "proper" to offer the imperiled Metropolitan $150,000. But there were conditions...
Last week the jury, after plodding through 1,000,000 words of evidence and nearly 600 exhibits, decided in favor of Baush, ordered Aluminum to pay $956,000 in damages. "The amount awarded is too small," exclaimed Federal Judge Harland B. Howe. Exercising his right under the Sherman Anti-Trust Act, he trebled the damages to $2,868,900. Counsel for Aluminum filed notice of appeal...
Princeton, N. J., March 15--Though Harvard, Yale, and Columbia have all refused a bequest of $25,000 each for lectures on women in public affairs, Princeton still has half that amount on its hands because it agreed to accept the gift. The grant was made in the will of the late Albert E. Pillsbury, former attorney-general of Massachusetts, who believed "that the modern feminist movement tends to take woman out of the home and put her into politics government, or business, and that this has already begun to impair the family as the basis of civilization...