Word: bankrupts
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Dates: during 1920-1929
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...wish to point out that the Government only took over the operation of the C. N. R. because the railway had never paid its way, and had become virtually bankrupt under private management. Generous grants of land, subsidies, and guarantees of its loans had not availed to make the road a financial success, and since it seemed that the expenditure of government money on its behalf was destined to continue indefinitely, it was only natural that the government should finally take direct control of the expenditure of the funds it was furnishing. Incidentally it is very doubtful if the former...
...most serious difficulty in the way of solving these three fundamental problems constitutes a fourth problem; namely, the need of a stable, efficient, honest government. China is a republic only in name. The present rulers are military chieftains employing hired armies. The central government is practically bankrupt, and by the Chinese themselves is constantly charged with dishonesty. The provision of universal education, the installation of research in technical fields, the building of levees for flood control, the reforestation of the hills and mountains, the colonization of unproductive lands, the construction of railways, the securing of labor laws, the ability...
Success is the gospel of the hour and a very dangerous gospel it is. But every honorable man knows that success is often purchased at a price that leaves a man a moral bankrupt. This happens in football as in everything else and to colleges as well as to men. Some victories reflect discredit and not credit upon the college that wins them. Pressure is sometimes brought to bear upon the heads of colleges to silently acquiesce in this kind of athletic efficiency, or at least to turn a blind eye to methods which they know are ignoble...
...Tuesday's decision of the Interstate Commerce Commission which allots a 15 percent increased over past receipts to the New England roads in future divisions, will increase their earnings about $7,500,000 annually. Although this does not settle New England's railroad problem, it should materially help the bankrupt lines...
...Chicago is "literally broke" as a result of Thompson's extravagant administration. Boston's per capita debt is several times that of Chicago; and the bonds of the city of Chicago are said to be selling six points higher in the open market than Victory bonds. If Chicago is bankrupt, where does Boston get off? and what has his the United States of America...