Word: equalization
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Dates: during 1920-1929
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Important at the gathering were 20 schoolmasters and schoolmarms, Secretary Crabtree's predecessors and successors. Former dunces and scholars of Teacher Crabtree heard him urge them to combine to demand from Federal and State legislators educational facilities equal to those of city schools, just as they are combining to merchandise their produce. They were advised to better their schools, make the farm-bred healthy and wise, keep them on the farm...
...prostitute, she had turned down only himself. He climbed into her bedroom after midnight, but she was sleeping elsewhere. In the morning he found her, took her to the river bank, twisted her arm to make her admit he disgusted her. She began screaming shrilly in terror and in equal terror he began beating her over the face with a convenient club. In his flight he joyfully murdered an oldster who seemed to be watching...
Count Giovanni Elia, Fascist, declared that even if the fleets of the U. S. and Great Britain should be made absolutely equal "there would still remain the vastly superior industrial power and unassailable geographical position of the United States...
...cumulative Distributors Preferred stock of a new company, Squibb Plan, Inc. With each $50 he puts in, Squibb Plan buys a share of the parent company's common, now paying $1 a share in dividends†. In addition Squibb Plan receives a sum from the parent company equal to 10% of the amount of the retailer's purchase of Squibb products and an additional 10% on the increase of his purchases over the previous year...
...maxim used to be that a stock should sell, other things being equal, for about ten times earnings. The maxim now says "15 times earnings." This is known as Raskob's Rule, because one day in March 1928, John Jacob Raskob, then finance director of General Motors, walked up a gangplank on his way to Europe and remarked that 15-times was a proper modern ratio-that General Motors ought to have been selling at that time...