Word: deferments
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There are times when the President of the U. S. has to defer most serious matters because he has a common cold. Last week was such a time for Franklin Roosevelt. He took the case out of the hands of his physician, Rear Admiral Ross Mclntire, and downed a big dose of castor oil. "Make it short, boys," was his plea at his subsequent press conference. But before the cold took hold, he devoted a press conference to Taxes and Economy. Said...
...criticism, A Southerner Discovers the South. In Omaha, clubwomen feel that publishers pay too much attention to Manhattan opinion, not enough to the more spiritual interests of Midwesterners. But the major complaint of women's literary clubs throughout the U. S. is that publishers talk down to them, defer to prejudices that are no longer strong, do not recognize how greatly they have changed since the days of Main Street...
...their advance, Admiral Harry E. Yarnell calmly answered that U. S. vessels would stand by to protect U. S. citizens. This week Chinese reported having bombed and sunk four vessels of the Japanese fleet just above Anking. War-weary and discouraged, the Japanese admitted: 1) they might have to defer their drive on Hankow until autumn; 2) they might even discuss terms. Said Foreign Minister General Kazushige Ugaki: "If any serious changes should occur in the future, it may be necessary for the Japanese Government to reconsider its decision not to deal with the Chiang Kai-shek regime." Chinese Communists...
Prince of Peace. "I had hoped to be able to defer this talk until next week because, as we all know, this is Holy Week. In this decision I have been strengthened by the thought that by speaking tonight there may be greater peace of mind and that the hope of Easter may be more real at firesides everywhere, and that it is not inappropriate to encourage peace when so many of us are thinking of the Prince of Peace...
...drop of 25.8% from March 1937, and 2) last week's action of the Atchison, Topeka & Santa Fe. Having lost $4,000,000 in the first two months of 1938, against a profit of $468,000 for the same period in 1937, the Santa Fe announced it would defer payment of 2% interest on its 4% adjustment mortgage bonds of 1995. This was no default because the interest is not due until November 1 and then only if earned, but the Santa Fe has made a practice of paying part of it on May 1. When last week...