Word: effectively
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Dates: during 1920-1929
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...state (on page 47, Feb. 18 issue) "As for rediscount rates, here again it is the province of the twelve Reserve banks (not of the board) to initiate rate changes." About ten years ago an Assistant Attorney General rendered an opinion to the effect that the power of the Federal Reserve Banks to establish discount rates "subject to review and determination of the Federal Reserve Board" gave the Federal Reserve Board authority not only to review but also to determine, and therefore to initiate, a rate change when and if they so desired. J. F. EBERSOLE Office of the Secretary...
...faced the House of Commons, the Chancellor of the Exchequer seemed mad clear through. His wrath was due to an attempt by members of his own party (Conservative) to block a measure which, if passed, would effect important savings to the Treasury?savings perhaps sufficient to enable Mr. Churchill to face the voters at the forthcoming election with his budget not too precariously balanced. As his wishes were flouted by his own colleagues the Chancellor, seated grimly on the Treasury Bench, grew first pink and then red with rage, was seen to clench and unclench several times his large...
Every Manhattan news organ has now noticed this divorce broker. The small-town press has ballyhooed him in syndicated feature stories. Tabloid editors have gleefully plastered up headlines to the effect that Arturo del Toro is the "enemy of Cupid, the "king of divorce," the "boss of the Border bright lights...
With true official taciturnity, the high command of the force has refused to divulge the slightest detail of the plan of attack to be followed. There is a rumor, however, from reliable sources, to the effect that a number of the most robust and courageous policemen are to be organized as a "bean blower squad." Whether this unit will take up an in trenched position that will command the Gibson Terrace sector, or whether it will depend on speed and mobility for defense, and patrol the region, is as yet a matter of conjecture. One thing, however, is certain...
Rumors current in Boston newspapers yesterday to the effect that E. L. Casey '19 would become University backfield coach next fall and that C. J. Hubbard Jr. '24 would be transferred from his position as coach of the tackles to that of line coach received no definite confirmation last night from W. J. Bingham '16, Director of Athletics. According to Mr. Bingham, the choice and appointment of the football coaching staff lies entirely with Coach Arnold Horween '21, and final substantiation of any report must await his arrival in Boston about the middle of next month...