Word: drains
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Dates: during 1890-1899
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...notes of small denominations is steadily increasing: Quarterly Journal of Econ., VIII, 102.- (2) They are more desired and retained by the banks as reserves than any other currency.- (c) We have the soundest paper currency which has ever existed: Herald, Dec. 5, 1895.- (d) Greenbacks not a dangerous drain on the gold reserve.- (1) Present depletion due to the lack of revenue: Nation, LIX, 435; Herald...
...large exercise ground has just been completed behind the gymnasium. It consists merely of a smooth asphalt pavement without any roof, and has a slight incline to drain the water off. There will be an entrance to it from the cellar of the gymnasium and it will be used, as long as the weather permits, for Dr. Sargent's classes and all work of that kind. It will relieve the floor of the gymnasium which last year was greatly overcrowded...
...Taussig, 59. - (y) Large surplus in '85-'86: Taussig, p. 32. - (z) Favorable balance of trade. - (2) Such exceptional good luck can not be expected to continue. - (3) Events of this last winter prove that with an unfavorable balance of trade we can not maintain gold payment. - (x) The drain of gold falls wholly on the treasury. - (y) Gold bonds are a temporary expedient...
...Such coinage of silver by the U. S. would be highly beneficial. - (a) Would prevent evils of single gold standard: See I above. - (b) Would lead to establishing our whole currency system on a sound basis. - (1) Silver money would be honest: See III (c) above. - (2) Greenbacks, which drain Treasury of gold, might be withdrawn: Harpers Weekly, Dec. 22, 1894. - (3) Silver might replace National Bank circulation, which is decreasing and must soon end: U. S. Statistical abstract, 1893, p. 42. - (c) Would likely lead to an international bimetallic agreement...
...believe that they are not. The competition among students here is so keen that it excites the participants to more than normal exertion. They not only have to devote themselves so thoroughly to one kind of activity as to make rounded development out of the question, but they so drain themselves of energy that, the four years over, they need to recover from past work, and are, at best, only half fit to undertake new work. About this fact, no full testimony can be given, and yet we believe that it is a general conviction, rooted in wide experience, that...