Word: fractionated
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Dates: during 1920-1929
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...optimistic to expect of it. There are, it is true, many small flying companies and concerns and a number of privately owned machines, but, in the agregate, and regarded either nationally of internationally, by those who know the possibilities, they amount to a fraction of the sanely computed total...
...Others are not real--they are merely borrowing from the future. For example, the repair work on way structures and equipment has been radically curtailed. Locomotive and car shops have been partly or wholly closed, and programs for renewals of ties, rails and ballast have been reduced to a fraction of the requirements. Obviously this is deferred maintenance, which must be made up at increased cost later on. And, besides, when normal traffic is resumed, the equipment, in a poor condition after war service, will be in an even greater state of inadequacy...
...even a small fraction of these abuses have actually been committed by the guardians of the Law, there can be no denial that justice, here in the United States, is far from being all that it should. The wide gap between the Government and the ordinary life of the people, which has long worried our political philosophers, has resulted in a system that is bureaucratic to what now appears may be a dangerous degree. Our boasted "government of laws" is in danger of becoming a "government of men", where personal conviction is allowed to replace well-tested principles...
...most optimistic estimates indicate that only a negligible fraction of the sum due from Germany can be obtained from duties on German exports and imports," he continued. "The further attempt to collect from importers a part of the price paid for German goods cannot possibly succeed. It cannot be fitted in to the general mechanism by which foreign trade is financed. It would put new and formidable obstacles in the way of the development of that export trade upon which Germany's ability to make Reparation payments depends...
...work could be done by the enlisted detachment during the summer. Whether this plan is adopted or not, some action that will give Harvard a polo team is highly desirable. The government is offering a great opportunity to college men to learn to play polo. A small fraction of its initial cost presents the only obstacle. The government has done all possible through the Military Science Department to establish polo here. Whether or not there will be a team depends entirely on the college...