Word: embarrassement
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...Laughlin delivered a very able and interesting lecture last night before a large audience, on "The Sub-Treasury System." The lecturer traced the growth of the present system from that formerly in vogue, and afterwards set forth in clear light the defects that now embarrass it. The undesirable relation of the Secretary of the Treasury with the money market, brought about by the act of 1864, in which it is enacted that the banks shall not be depositories for receipts for customs, and which, therefore, forces the treasury to hold in its vaults large amounts of specie, was discussed...
...that it was only after some hesitation that the Faculty decided to give voluntary attendance upon recitations another year's trial with the present Senior class. It was hoped that the class would appreciate the fact that the system is as yet an experiment, and would do nothing to embarrass its final adoption. These anticipations, we are informed by the Dean, have not been realized. As far as can be judged by the returns up to the present time, the system has this year been used with much more license than it was last year or the year before...