Word: basic
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Dates: during 1930-1939
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Lenin used the terms "Socialism" and "Communism" as interchangeable synonyms. The basic doctrine behind both words is a concept of society in which the State would own all means of production and private, or "capitalistic," profit would be eliminated. Regrettable is the extreme looseness of meaning which: 1) permits James Ramsay MacDonald to call himself a "Socialist," although he does not strive for State ownership of the means of production; and 2) permits Josef Stalin to be known as a "Communist," although he recently restored to Russian peasants the right of private trade with its inevitable capitalistic profits (TIME...
...Rover, off Monte Carlo. His family withheld the news of his death until the London Stock Exchange closed. A poor Scottish boy, he rose to wealth & power in Indian trading firms. Branching out into Far Eastern shipping, Lord Inchcape became an authority on Oriental trade, negotiated Britain's basic commercial treaty with China in 1902. His daughter Elsie was lost in 1928 when she attempted to fly the Atlantic with Capt. W. G. R. Hinchliffe...
...According to preliminary plans, the group will deviate widely from the accepted precepts of independent student associations. Advocating an age old truth that concentration alone leads to thorough understanding, the Harvard Inquiry will organize its discussions each year around the most pressing topic of that time. This year, the basic economic reorganization necessitated by the depression will be studied; it is hoped that, by a system of pledges, leading figures in the field may be secured to address the meetings...
...MacEntee proposed to up the basic Free State income tax rate from three shillings and sixpence in the pound to five shillings (25%). Next he asked the Dail's leave to take 25% of the Irish Hospital's profits in their famed sweep- stakes. Thirdly he proposed a whole string of tariff uppings. Finally he asked leave to spend an extra $367,000 to give jobs to Ireland's unemployed under the Housing...
...flaws touched by Dr. Counts, however, are mainly symptomatic and superficial. The basic shortcoming of the public schools is their lack of purpose. For the most part they are neither cultural nor vocational; they try to be both. There is no definition of the aims of the system. The whole situation betrays one weakness; the inertia of educators, who make very little attempt to diagnose the ills of their machine, and who are so lacking in decision as to be unable to make necessary reforms when glaring faults point to their own remedies. Until officials take the matter in hand...