Word: bearing
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Dates: during 1940-1949
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...taken too many weekends. Where no definite rate has been stipulated by the donor, 2-3 per cent interest should be charged to cover defaults and costs of administration. A rate higher than that is unnecessary, and places an unjust burden on those who can least afford to bear it. Five per cent may be good business, but it conflicts with the very purpose for which the loan funds were established...
...Paradoxically, two of the more prosperous members of the financial colony were among the gloomiest. One, curt, stubby, red-mustached Major Lawrence Lee Bazley Angas (single interviews $100 an hour), who has been accused of starting several bear raids, periodically flabbergasts Wall Street by distressing ads titled "Fool's Paradise," "Pandemonium Ahead," "Nose Dive," etc. The other: William J. ("Billy") Baxter, economist-investment consultant, who in 1936 predicted a revolt in Britain, now expects the English to quit or fold up within a few weeks, carry Wall Street with them...
...single day and cornered the market; the Stock Exchange had to set aside its rules and allow shorts five days to cover. In the 1925 wheat market ending with the Black Friday crash he bought grain in 5,000,000-bushel lots while the market was rising, turned bear at the top and sold 50,000,000 bushels short for an approximate profit of $10,000,000. Quietly sensing the end of a falling market in 1927, he bought Mexican Petroleum, pushed it up 75 points, suddenly went off on a vacation with another bull fortune in his pocket. Unable...
Blackmur's rigorousness is hard to take straight. Like a literary Cotton Mather, he burdens the creative conscience with almost more than it should bear, forgets that creation is a shade more to the point than anything that can be said about it. But it is through such painful filters as his that excellence is passed uninfected from generation to generation...
...administration, civil administration and private administration are of the highest consequence to the welfare of our citizens. Without sound management, the structure of society will bog down and flounder, but skilled personnel and practices will aid immeasurably in reconstruction and readjustment. Otherwise, peace may bring calamities as hard to bear as those of a war, or a war-tension period...