Word: cent
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Dates: during 1930-1939
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...President Thomas Jefferson 132 years ago decided to uphold the doctrine of "Millions for defense, but not one cent for tribute!" with reference to the Barbary Pirates, one of whose chief bases was Derna. These pirates made but a modest living out of Mediterranean shipping. The British & Continentals considered it cheaper to pay moderate tribute than to go to the expense of routing such reasonable pirates. Not so President Jefferson. While the importance of landing the U. S. Marines in 1805 at Derna should not be overemphasized, it was a bold stroke and gave Europe a foretaste of the kind...
Price-cutting in the can industry is very unorthodox. Profit per can runs between two-tenths and three-tenths of a cent, which is not enough to tempt many people into the business unless they can hope for tremendous volume. Cans sell for about 2? each. At best it is a hard business to break into because the established can makers and their customers are usually tied together with long-term contracts, often with physical connections. Cans for Campbell soup in Camden, N. J. roll out of an adjoining Continental plant. And a neophyte can maker like Crown can hardly...
There was a total of 665 ballots cast this year, of which ten were discarded for not having been properly filled out. This number is almost 70 per cent of the Freshman Class and is the largest ballot cast by them in the past few years...
...lantern in the city of Chicago and caused the great $200,000,000 fire. In the next few months 68 U. S. insurance companies failed and 81 were forced to suspend business outside their own States. To pay off claims against it of $529,365 required not only every cent of Fireman's Fund capital but an assessment on its stockholders. Chairman Levison likes to boast of this as the first time the company went broke and yet survived. The second time was after the Great San Francisco earthquake and fire in 1906. and this time Mr. Levison played...
...Dean pointed out that 47 per cent of the graduate school residents, a slight but encouraging increase, did full time work toward advanced degrees, and that the experiment of relieving exceptionally brilliant scholars from working their way through had functioned satisfactorily in its first two years. He noted, however, that there were still 409 students unable to devote their entire time to study because of the necessity of earning money...