Word: assets
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Dates: during 1930-1939
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These are the great and enduring needs of mankind in life's struggle. The possession of such qualities is plainly the most valuable asset a college man can have. American colleges and their students will do well follow the counsel of President Hopkins, and redouble their emphasis upon such basic virtues. Surely America need not go further in educational experimentalism and radical abandonment of conservative teaching principles than even Soviet Russia finds it fruitful to go. --Boston Transcript...
...Bitting's customers are in no worse condition than the investors in bonds in other projects where the primary asset consists of improved real estate. It is a well-known fact that there are many hundreds of millions of dollars in bonds on hotels, office buildings and apartment houses in the U. S. in default, in which investors' losses will be of as great or greater percentage of the amount invested as those who purchased Mr. Bitting's issues...
...average college-bred woman being a "flop" as a wife, ought to cause the renewal of a lot of subscriptions. Keep it up. Maybe some of us chaps who have been stung will get a break. Anyhow, we are fed up on a college-bred wife whose remaining asset of her college days consists of a taste for punk cigarets plus a tarnished complexion and an insistence to short-circuit any and all opinions contrary to her own by espousing a look of pseudo-intelligence that rates alongside some of the funny cartoons...
...Washington last week the regular weekly report of the Federal Reserve System revealed that its twelve member banks had written off their holdings of $139,299,000 in FDIC stock. The Federal Reserve had apparently decided that the stock could not be carried as an asset on its face value because: 1) the member banks were merely holding it for the U. S. Treasury; 2) it was subject to continual reduction through FDIC payments to depositors in closed banks. If the Federal Reserve surplus (currently $138,000,000) should be exhausted by loans under the direct loans to industry, then...
...Bank of Taiwan (Formosa), with deposits of 243,000,000 yen in 1932, is high in the second rank of Japan's potent empire firms. Founded in 1899, it got into trouble in 1927, saved itself with government aid and took over Imperial Rayon Co., the soundest asset of an insolvent debtor. This year the Government, investigating its affairs, indicted its Governor, Imperial Rayon's president and eight other officers on charges of having sold Imperial Rayon stock to themselves and friends below the market price. The trail of corruption wound into the Ministry of Finance...