Word: credited
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Dates: during 1910-1919
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...banker once said, "If I could place to the credit of each man and woman in the community a savings deposit of one dollar I could make thrifty thousands where there have been only thousands of spenders, and I could build the greatest bank per population in the land...
Must Avoid Credit Extension...
...obtain the money in order to carry on the war. The bonds are issued faster than the savings of the nation are accumulated, and that means that we must collect all the funds possible in the form of bonds in order that we may not have to extend our credit further than is absolutely necessary...
...There are only three possible sources from which money may be raised for the purchase of bonds: first, from the actual cash on hand in banks or private places of safe-keeping; second, from the future savings of the nation; and finally, through the extension of credit...
...will be in accordance with that vote, then, that the Administrative Boards will apply this year's decision, making rulings for men intending to take up shipbuilding, farm work or national work other than military or naval service. The special privilege of leaving early with full credit will not be given them unless in exceptional cases of students with special qualifications or special opportunities for entering some particular branch of work...