Word: assessment
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Dates: during 1950-1959
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...easy and simple . . . The planning of trade has to take into account factors which are liable to continuous fluctuations: the relationship between supply & demand, the needs of the consumer, local peculiarities and climatic conditions. I should say that a man who is planning trade must-in order to assess these factors accurately-possess a creative instinct, a kind of commercial intuition...
Exactly what the effect of the advice (both requested and spontaneous) has been difficult to assess. A committee on Houses in 1931 was party responsible for the setup of the House System, and a report originating with the Council in 1932 on student finances actually led to a reduction of room rents. The advice of the advising and scholarship committees mentioned above was considered quite useful by the departments to which it was addressed, while the rules of Lamont and recent changes in them are due in large part to the Council's advice. The Education Report published last year...