Word: bonde
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Dates: during 1920-1929
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...that are at last being healed by the processes of time as is indicated by the increasing number of students and professors exchanged between this country and Germany. The restrictions induced by a lack of a sufficient quota of foreign fellowships and scholarships, however, presents an impediment to this bond of mutual relations which is becoming more keenly felt. Dr. Adolf Morsback, director of the German Academic Exchange Service, indicates in his recent report that unless more money is devoted to this purpose it will soon reach the limit of its benefits...
Aside from the obvious meaning of the last statement, there is a very definite reason for the prevalence of Harvard men in the Investment field. Bond selling requires certain very definite characteristics in the way of background, education, and training, most of which most Harvard men may be assumed to possess. The technical requirements at the start are nil; a man entering the field can learn whatever is required of him, and as he progresses, his actual knowledge of investments will increase in direct proportion to the amount of effort he puts into learning his subject. Above all, a certain...
...these lowly tasks, however, he is getting the "feel" of the business, which is most essential. He is learning not only what investment banking is all about, but he is learning the way in which it ties into other industries; not only the difference between a stock and a bond, but who buys stocks and why; the meaning of speculation, long pull, and other terms which are the flesh and blood of the investment field...
...that the Secretary of the Treasury was still quite sure of himself. Or, perhaps again, he wanted to bolster the Federal Reserve Board's campaign against stock speculation loans. Or, perhaps a third time, there was a connection between the statement and the condition of U. S. Government bonds. The Treasury's quarterly financing of March 15 had been barely oversubscribed despite an interest rate of 4¾%. A $475,000,000-issue had brought subscriptions of only $523,000,000. And just before Mr. Mellon's bond-boosting statement, three issues of U. S. bonds...
...Town's Woman. There is a real horse-race on the treadmill which once played so important a part in Ben Hur; there is an aviator for women who are still pining over Col. Lindbergh; there is a mean old bond-dealer, and a self-sacrificing heroine, and a waitress in trouble; there is enough plot for six plays; there are two intermissions and, at long last, a final curtain. But it all looks like another misfortune for the new Craig Theatre...