Word: deposit
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Therefore, Aldrich Durant, Business Manager of the University, has ordered that after Thursday night no meals be served to students who can not show a receipt for their ration books or a note from the Bursar that the necessary steps have been taken by the student to deposit the ration books as soon as possible. Exclusion from the dining hall for this reason will not excuse anyone from the regular board charges...
...banks that struggle to keep track of some 18 billion ration points a month got a well-earned boost last week. For eight months they have operated "checking accounts" for U.S. retailers, who deposit their ration coupons periodically, then draw upon them to replenish their stocks. But although OPA is paying the banks some $12,000,000 a year for their pains, most of them arestill losing money on their deal with the Government. Last week, therefore, OPA raised their fees for opening and handling accounts by about 25%, to somewhere nearer the break-even point for the average bank...
Speculators Win. In the wake of the frenzied demand, the "free riders" had a field day. Because the Treasury wanted to get the notes into vaults of small banks and safety deposit boxes of individual investors, it had stipulated that subscriptions up to $100,000 would be allotted first. Speculators hastened to put their names down for such sums, confident they could sell the notes as soon as they got them to people and institutions really intending to hold them. Because it was necessary to put up only 2% of the subscription at the time of making the commitment, many...
Some of the Government's borrowing is from private individuals via war bonds, which Jerry Voorhis considers all to the good. But easily 50% of the borrowing is done by selling Government bonds to the banking system, which in turn creates deposit money to the Government's favor...
What the British did with this accumulating gold explains the continuing success of their policy up to World War I. They did not bury it in the ground as something sterile and useless. Though much of it was kept on deposit in London, for convenience, it was transferred to the account of others, both in payment for imports to Britain and as new capital for those places where natural resources were great but development slight...