Word: cent
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Dates: during 1930-1939
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...amount of gold content in every dollar is reduced by one-third and yet the unit of value is called a dollar, then less gold will be used for every dollar or, to put it another way, the gold supply will be converted into fifty per cent more dollars. The gold supply locked up is in the neighborhood of four billion dollars. Some of this belongs to the Treasury anyway, but most of it belongs to the American people who deposited it in banks and obtained lawful currency certificates in exchange...
Since the custom heretofore has been to issue currency based upon a reserve of 40 per cent of gold, so that approximately two and a half times the amount of gold reserve could be issued in the form of gold certificates or other currency redeemable in gold, the increase of two billions of gold to the account of the Treasury of the United States would make it possible to issue about $6,000,000,000 of new currency on a metal basis, namely, on a gold reserve. Congress authorized the President to issue greenbacks...
English is the most popular field of concentration this year with 428 men concentrating in it, it was revealed in a tabulation released at University Hall yesterday. Fourteen per cent of all students in the College have selected the field of English, a gain of 7 per cent over last year...
...leading field last year was Economics with 15.9 per cent of the students majoring in it, but this has fallen to 13.3 per cent this year. Economics has been steadily dropping over a two-year period, for in 1931 there were 17.1 per cent of the students or 535 men in the field, and this has fallen...
...years ago, forty-five per cent of the graduates of Harvard College chose business as their vocation. Among the members of the class of 1937, if any reliance can be placed on the returns from the Phillips Brooks House questionnaire, the number will be nearer twelve per cent. The shift away from business so sharply revealed in these figures has been under way for some time but within the last year has apparently gone to unexpected lengths...