Word: frozen
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Dates: during 1930-1939
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...officially over, Governor Comstock imposed such drastic restrictions on withdrawals that actually the holiday was extended indefinitely. These were limited to a depositor's pro rata share of a bank's cash and government bonds, thus anticipating the "Michigan Plan" (not yet enacted) of segregating liquid and frozen assets. All out-State institutions opened for what business they could do, but in Detroit, a man could draw out only 5% of his deposits...
...determination is that first, last and all the time the interests of the depositors must be protected." To that end he worked night & day to draft and get the Legislature to pass what was rapidly becoming a standard bill among the states for the division of liquid and frozen assets, with withdrawals limited to the former. Work & play went on in Maryland about as usual...
...ratio of gold-to-notes was still over 60%. And it will continue impregnable as the job of renovating the U. S. banking structure goes on. That job is to get the banks back into the banking business, out of security selling, out of investing in unsalable bonds and frozen real estate mortgages, back into short-term, self-liquidating commercial loans...
...Japan's three-barbed offensive, closing in on Chengteh, the capital of Jehol, from Kailu, Chinchow and Suichung, advanced through snows as much as a foot deep, braved blizzards which reduced visibility at times to nil, plunged on with thermometers so low that Japanese machine guns occasionally jammed, frozen tight...
Unscheduled was the sudden sputter and stopping of his engine. He slanted his biplane toward the ground looking for an open space, saw only the regimented houses of Chicago suburbs. With his hand frozen to the stick, he rode the wind into a suburban street, ripped into telephone wires, stripping the plane's wings. The fuselage dropped lightly to the ground. Pilot, notes and aerometeorograph were undamaged. Next dawn he was at work again above Chicago, since the Weather Bureau lets its airplane observation contracts on condition that pilots have two planes with instruments always ready...