Word: autumn
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Dates: during 1930-1939
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Mindful of last autumn's fiasco with the 4th Liberty Loan redemption (TIME, Oct. 23) the Treasury could afford to take no chances. The interest rate offered was liberal. The maximum maturity of only 58 weeks was calculated to draw out money that was afraid to take long term risks. The offer was well calculated. By nightfall the subscription books were closed. Banks (which had nearly $1,000,000,000 of excess reserves) and other big buyers had nominally offered to take $3,415,000,000 of the 13½ month notes...
With characteristic modesty, Chemist Conant last autumn dispensed with the pomp & ceremony of a traditional Harvard inauguration, took office quietly and quickly before a few officials in the Faculty Room. In last week's report, first public statement of his presidential philosophy, he left no doubt of his mind and purpose. James Bryant Conant is in love with the search for knowledge. He believes that Harvard's mission is to lead that search. He is sure that Harvard can accomplish that mission only by securing abler...
...another in September. The pilots will be Major William Kepner, qualified pilot of every type of aircraft, and Captain Albert W. Stevens, air photography expert. Their balloon will be five times as large as the Navy balloon which made the official altitude record of 61,237 ft. last Autumn (TIME, Nov. 27), three and one-half times as large as the Soviet balloon which made an unofficial record of over 62,000 ft. (11.8 mi.). Their...
First great rumpus on the newspaper code was over Freedom of the Press. Publisher Robert Rutherford McCormick of the Chicago Tribune last autumn was loudest in his objections to a code which did not redefine the constitutional rights of newspapers to say what they please. Could they, for example, be licensed out of business by a government disgruntled with their views? In December General Johnson stopped trying to reassure newspaper publishers that the code was not meant to be a gag by inserting a specific clause to the effect that the government got no censoring rights...
More haggling occurred over the matter of whether reporters were ''professional persons" and therefore exempt from the 40-hr, a week clause. The American Newspaper Guild, formed last autumn, helped evolve a satisfactory compromise by requiring the code to make a survey of editorial hours and wages...