Word: generalization
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Dates: during 1890-1899
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...many for the benefit of the few: N. A. R. 148: 282 (March '94).- (3) It is an objectionable application of public funds to the promotion of a private enterprise which does not exist except to get the benefit of subsidies: Ibid.- (x) American ship-yards, generally speaking, have not for 30 years built ships for foreign trade: N. A. R. 160: 90 (Jan. '95).- (4) Subsidies are demoralizing to the recipients by causing extravagant management: Cong. Record as above.- (x) Example of the Collins line: Free Ships. (b) The present system is totally inadequate.- (1) The present subsidies...
...Best general references: W. W. Bates, American Marine; Lippincott's Mag., XLV. p. 715; North Am. Rev. vols. 154, p. 56; 156, p. 398. H. Hall, American Navigation; Cong. Record 51 Cong. 2nd Sess., Vol. 22, Part...
...Subsidizing a young marine is in general accord with the policy protection of infant industries...
...Subsidizing benefits our merchant marine.- (1) American vessels can compete with subsidized vessels of foreign nations: Bates, Am. Marine, 147; Hall, Am. Nav. 78; Lipp. Mag., 719.- (2) American marine will then be increased by many new vessels: Hall, Am. Nav., 79.- (b) A superior merchant marine benefits our general trade and commerce: Bates, 425.- (1) By offering superior transportation facilities: Hall, 81.- (2) By opening up trade with new nations and increasing already existing trade.- (c) Increased trade increases agriculture and the industrial products of the country: Hall, 80 seq.; Lipp. Mag., 719-(1) Extensive new markets are opened...
...Cambridge Safe Deposit and Trust Co., at No. 1300 Massachusetts Avenue, corner of Linden street, transacts a general banking business. Checks will be cashed on any Bank or Banking House in the U. S. and interest is allowed upon daily balances subject to check. Special attention given to accounts with officers and students of the University. Banking hours 3 to 2. Safety Vaults open from...