Word: centralization
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Dates: during 1930-1939
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...Chicago, Atlanta, Minneapolis and Richmond, which cut their rediscount rates from 2% to 1½% (TIME, Aug. 30), the Federal Reserve Bank of New York last week cut its rate from 1½% to 1%. This is the lowest fee for loans to member banks ever posted by any central bank in the world. Sample rates in Europe today: Bank of France and Reichsbank. 4%; Bank of England and Bank of The Netherlands. 2% ; Swiss National Bank, 1½%. Lowest previous rate in the U. S. 1½%. Highest rate (1920) in New York...
...funds to buy steel from the U. S. Shipping Board, in return for which favor he was personally to get half the profits from the sale of the steel. Brothers J. N. and Leonard B. Barde presently received $325,000 from the Anglo Bank, another $175,000 from the Central National Bank of Oakland. The Bardes were successful in their bid for the steel, formed Barde Steel Products Corp. and before long repaid every penny of the loans. The complaint also maintained that President Fleishhacker had meanwhile drawn down $75,000 in salary. $73,000 in dividends...
With its center at University Hall the University roughly extends North and South. The central portion, comprising the Yard, contains mostly the homes of the Freshmen and the college classrooms. The northern third houses the science departments and many of the Graduate Schools. South of the Yard are the upperclass dormitories...
Memorial Hall. Fire Station--during the course of time it becomes apparent that the fire engines here keep pretty busy. Explanation lies in the fact that Harvard has the city of Cambridge's central fire station in its backyard, even as Harvard Square lios geographically in the center of the city...
University buildings in the Yard not Freshman dormitories are Phillips Brooks House--the social service center, the Memorial Chapel and the University Church, University Hall--housing the central, and academic, administrative offices, employment bureaus, information office, etc., Widener Memorial Library, the President's House, Lehman Hall--housing the financial and business administrative offices, the following class rooms, Hunt Hall (Robinson Annex), Robinson, Sever, Holden, Emerson, Harvard, Boylston, and Wadsworth House--home of Military Science and the Alumni Office...