Word: effective
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...amounts at home or abroad with any direct obligations, coin or currency of the U. S." The price of gold for all practical purposes determines the exchange value of the dollar. If the Secretary should choose to pay $40 an oz. for gold instead of $35 he would in effect devalue the dollar. If he should choose to change the price daily or hourly he could use the power for much the same purpose as the Stabilization Fund. Therefore when the money bill failed to pass, the Administration was placed in no serious hole, nor did Congress recover any notable...
...fiscal year began last week, Reorganization took effect and PWA merged with WPA, which now means Works Projects Administration. A last act of Harold Ickes before turning his PWA over to its new big boss, John Carmody, was to rescind a $21,600 grant to the University of Georgia because he had learned the "dormitory" it would build was a new lodge for Sigma Nu, fraternity of Lawrence Wood ("Chip") Robert, secretary of the National Democratic Committee and adroit wangler of Federal grants & contracts. Mr. Ickes had previously raised Cain over commissions claimed by Mr. Robert's construction firm...
Actress Tallulah Bankhead's uncle-&-father-hugging act of last fortnight (TIME, July 3) had the effect of winning Uncle John and enough other Senators to restore the Federal Theatre Project to the 1940 Relief Bill. Miss Bankhead should have hugged more Representatives. When the bill went to conference, the House men simply would not warm up. They killed FTP dead, but they did agree to some other Senate generosities. As sent to the President and signed by him sorrowfully ("definite hardship and inequality on ... 8,000,000 if we count in their families...
Crouched over so that the effect was that of a turtle trying to annoy a mastiff, Galento looped up and over with his left, time after time, during the first round. He even crowded Louis to the ropes, belaboring him picturesquely but not damagingly...
...September 19 California will put into effect its "Jackie Coogan Law,'' by which the courts will set aside half the cinema earnings of minors in a trust fund protected from their parents. Approved last week by Superior Judge Emmett H. Wilson was the first contract written to conform with the act, between Universal Pictures and 16-year-old Deanna Durbin. Cinemactress Durbin's earnings in the next five years will total...