Word: crediteer
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Dates: during 1930-1939
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...think I have read your journal from the initial issue and at times with a great deal of interest. Sometimes the scoops you have made, and the way in which you have made them, have really been a credit to journalism, hut I wonder what happened when you tried to write up the article in the Dec. 14 issue on the King and Mrs. Simpson. You tried to be funny, you tried to be almost everything, and succeeded in nothing. I do not know any better frustration in journalism than this article. It seemed now and then that you were...
Legacy. Nobody denies George Norris his full credit for winning a unicameral Legislature to his State, but he did not invent the idea. Three of the original 13 States-Pennsylvania, Vermont, Georgia -in their first constitutions adopted during the Revolution, created one-house Legislatures. Each was coupled with a council or board of censors which acted more or less as a separate house and generally complicated politics. Georgia kept the arrangement for 12 years, Pennsylvania for 14, Vermont until 1836. But the example of the British Parliament and later the U. S. Constitution, with two houses, one more or less...
...orthodox Government circles much credit was taken for the bombing and almost total destruction of a city called Weinan, 45 miles from Sian, scene of the kidnapping. It was contended that the frightful destruction of Chinese lives and property in Weinan had intimidated the kidnappers in Sian. Exactly the opposite was the claim of Australian "Adviser" William H. Donald, who had advised both the Kidnapper and the Kidnappee in Sian and holds a most ambiguous position. He claimed that the Government bombers, but for heavy fog and snow over Sian during an entire week, would have dropped bombs with indiscriminate...
...credit of President Frank is the progress which the University has made since 1925. Neither the analytical casuistry of Regent Gates nor the rhetorical thunderbolts of Regent Wilkie can disguise this fact. True, the most notable of Frank's attempted reforms, the Experimental College, failed to achieve the success originally expected. But a man should not be pilloried for the failure of an experiment, especially when the University profited by the lessons learned. The attempts of lay Regents to prove that the University has slipped do not ring true when confronted by the unanimous contrary opinion of competent educators...
...which will show up as excess reserves after the year end. Before the winter is over reserve requirements will probably be upped a second time. The sterilization plan was designed to keep the total of excess reserves, which represent perhaps ten times as much in potential bank credit, within reach of the Reserve Board control. As Chairman Eccles pointed out last week, the figure is still within manageable proportions, even without the aid of sterilization. "But," added the high-strung one-time Utah banker, "we don't want to use up all our powers. We should hold some...