Word: effect
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Dates: during 1930-1939
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...boosted bank reserve requirements. This cut down the total of potential credit in the form of excess bank reserves and made money a little more expensive to borrow. Last week the President told Congress it was now time to lower reserve requirements-which the Reserve Board did forthwith. Net effect of lowering reserve requirements was to increase excess reserves from $1,700,000,000 to $2,400,000,000. That is enough to support a credit expansion of perhaps $15,000,000,000-if businessmen would borrow...
Samuel L. M. Cole '40, president of the Harvard Dramatic Society, last night, denied charges emanating from Radcliffe Dean's office that in order to substitute debutantes in leading roles, his organization had cooked up the story to the effect that Radcliffe girls had been barred from acting in its forthcoming production because the leading parts were undignified...
Vera Zorina is pleasingly ingenuous as the angel, and her slender athletic beauty appears to good effect in the ballet designed for her and other by George Balanchine. Dennis King is a good restrained hero; Vivienne Segal a bright contriver; Walter Slezak an amusing fat foil for the hero; and Audrey Christie a vociferous clown...
...miracles, and Harvard men should pass on the blessing to the rest of the world in large-faced type. But to every action, according to physics, there is a reaction; and after every stimulant, whether caffein or marijuana, therefore, comes a let-down. Perhaps it is slight; perhaps the effect is scarcely noticeable; but there is an effect. Taking caffein pills without doctor's orders might well lead to insomnia and general irritability. This certainly is no way to finish an evamination, nor is it the easy path toward resumption of studies. On the contrary, the ensuing let-down...
...frauds and misrepresentations, of falsifications of books and financial statements covering losses of several millions of dollars. As has been said, you were caught like a rat in a trap. Your acts have been deliberate and intentional and were committed with an unusually full opportunity for understanding their effect upon others and the consequences to yourself. You have enjoyed the advantage of the best education in America. You had the fruits of business and financial success. . . . You headed the greatest financial institution in the world. All of these you betrayed. By your example the decent forces of the world received...