Word: drains
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Dates: during 1930-1939
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...Lady Drained. Whether under political orders or not, French bankers were calling home gold from England at a steadily increasing rate. From the Bank of England went $145,500,000 of bullion in 13 days. In one day alone losses were $16,911,700 (chiefly bar gold) the greatest drain the Old Lady of Threadneedle had known in all her 237 years...
...Vagabond emerged from the drain pipe of the new unit of Adams House where he had been avoiding the heat and looked over the gutter onto Plympton Street late one evening during this examination period, he looked around to see how hard the students of this great University were taking themselves and their studies. The net result was most gratifying. Activity was everywhere. Bottles were crashing into the street, "Ten Cents a Dance" was being sung from a room in Randolph in a voice which betokened the existence of something more substantial than the mere joy of existence, while...
...same breath to be asked to contribute to help is more than some will be able to understand. The average graduate cannot be expected to know that a university cannot be perfect. On the contrary his reaction to such words is to question the necessity of this additional drain on his pocketbook. In the vast amount of building at Harvard he sees a great affluence and not a draining of the University's coffers. Such a circular as this merely increases this idea of affluence in the mind of the layman and makes him reluctant to help in the progress...
...periodical is like a new baby in a family, it is an additional and continuing expense; but unlike the baby, it never grows up and becomes self-supporting. And the birth rate of periodicals is greatly in excess of the death rate. Binding and rebinding is another steadily increasing drain on the income of the Library. Finally, many of the funds are restricted to certain more or less limited fields, and thus the amount of unrestricted income, especially after the periodicals and binding have been cared for, is never sufficient for the current needs of the Library. Often...
...dramatic drain of gold from the Bank of England into the Bank of France (TIME, Dec. i et ante) continued last week at quickened tempo, reached $1,750,000 daily. When $5,000,000 of virgin gold arrived in England from South Africa, the French snapped it up, contracted for another $5,000,000 shipment due this week. In London the price of gold was forced up to 855 1½d. per fine ounce,* the highest price since British currency went back onto a gold basis in 1925. In Paris the gold reserve of the Bank of France swelled...