Word: circularity
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Nothing, of course, could be more futile than class discussions at their worst. The average section meeting, too often led by an inexperienced man, almost invariably ploughs laboriously and ineffectually in a circular direction through a morass of conflicting, ill-considered, irrelevant opinions. The failure of section meetings need, however, be no criterion of the probable success of class discussions; it does stand as a warning. To avoid fruitless expression of opinion on everything from communism to room rents in the Houses, the topic for discussion should be strictly defined. It should if possible be based on the study...
...deceitful practices contrary to the plain rules of common honesty." Said Justice Alfred V. Norton in ordering the receivership: "It is tragical, to say the least, to compare the practices as engaged in by the defendants with the glowing representation of good faith set forth in the particular circular issued by the defendants. It appears . . . that the defendants were laboring under the mistaken conception that they were under no duty to make disclosures to prospective purchasers in answer to specific inquiry." In addition to the receivership a restraining order was issued prohibiting the firm from selling bonds until true facts...
...would still make hair-raising cinema of the Dr. Calgari model. Like the late great Joseph Conrad's method of spinning a yarn. Faulkner's is roundabout, circular: sometimes the suspense is awful, sometimes merely interminable. Like Conrad, Faulkner makes his people coherent to an unlikely and omnireminiscent degree. Unlike Conrad, Faulkner depends on madmen for his best effects. From the vasty deep of nightmares and bogeymen he can summon up ghosts that haunt nurseries and still frighten some grownups. With fewer bogeymen than usual, a happy issue out of some of its afflictions. Light in August continues...
Buckminster Fuller talks no riddles when he says his dymaxion house "is not property to be owned, but a mechanical arrangement to be used." The new model has a fixed circular core, cased in a streamlined, pearshaped shield which swings with the wind, like a feed-tray for birds. The circular core, hung on a duraluminum mast planted on, not in, the ground, is lashed together by guy-wires on a system of triangular tensions, like an airplane. A square house piles up air pressure on the windward side, creates a vacuum on the leeward side, thus sucking the heat...
Commonwealth Edison at a price of 93. They were quickly gobbled up and by the end of the week were quoted 2⅛ points above the offering price. In. 1931 Commonwealth Edison sold 4% bonds at about the same price. Wall & La Salle Streets eagerly scanned the offering circular to note changes in the balance sheet, for it was thought with new audits of Insull companies heavy charge-offs might be necessary. If the bankers had revised Mr. Insull's accounts it was not revealed; the balance sheet was for March 31, fortnight prior to the Insull collapse...