Word: bankes
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Dates: during 1930-1939
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...Hoover testified: "The trustees of Stanford University . . . are now confronted with a grave problem. . . . For 50 years much prudence and wisdom have caused the trustees to invest the endowment, now amounting to some $24,000,000, in seasoned bonds and first mortgages. . . . The devaluation of the dollar, the widespread bank credit inflation and the possible menace of currency inflation are the new factors with which the trustees must deal. . . . The theory of devaluation . . . implies a transfer of values from the bondholder to the common stockholder. . . . The question of currency inflation is one of constant discussion in Government and the Press...
...since 1934 represents foreign capital seeking safety or investment. Fear for the dollar or returning confidence in Europe or both would probably draw the gold away. And this possibility is the chief argument against Federal Reserve Board action to cut the present high total of excess bank reserves (TIME, Feb. 10). Gold shipments reduce bank reserves by a like amount...
...further zeal would be appreciated in having the streets cleared quickly; once cleared, the snow should be taken away in trucks, at least from one side of narrow streets like Holyoke and Linden, so that parking a car would not mean charging as far as possible into a snow bank, leaving the rear end protruding into the street-and walking hurriedly away to avoid seeing the crash when the next car comes along...
...American child had never tried the stream, but he was sturdy, surely he could jump it at one bound. The poor little foreigners, he was certain, were not strong enough to try; just sissies, always cheating when they played "Cops and Robbers". Brightly he ran up to the bank, jeering at the other despondent children...
Gagging and coughing, the little child struggled back to the bank. Graciously shielded behind the willows of Minimum Publicity he sneaked around behind the other huddled children. Wet and chastened from his first encounter, the little child America too huddled despondent, gazing wistfully across, as the tears streamed down his face