Word: higher
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Dates: during 1920-1929
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Kingsley B. Leeds [TiME, Aug. 1] has discovered a higher type of manliness and deserves respect for his stand against the barbarism...
Economic Conditions: Irishmen assert that there has not been a major political issue since the settlement of the Irish boundary dispute (TIME, Dec. 14, 1925). The problems and difficulties have mostly been economic. Taxation remains higher than in England; agriculture has been depressed by bad conditions and poor credit; industry suffers from competition in Britain and Northern Ireland and clamors for protection, which, it points out, would ease unemployment...
...without deep concern to the U. S. There is now every prospect that the duties fixed for German goods in several hundred different categories will soon be applied to U. S. products, and will therefore have an adverse influence on French imports from the U. S. on account of higher U. S. prices and the great shipment distances involved. U. S. businessmen in France were accordingly hopeful that the Franco-German Treaty will have the effect of hastening the conclusion of a U. S.-French treaty, which they feel is badly needed to protect their legitimate interests...
...Reserve System came to Chicago and tried to induce the directors here [of the Chicago Federal Reserve Bank] to cut the [re-discount] rate and afford pretext to New York. The request was flatly and somewhat indignantly refused. borrowed at a low rate, can be reloaned at a slightly higher rate...
Clarence Walker Barren's Wall Street Journal, less brash in such business & financial matters than the Chicago paper, noted last week: "American banks are finding it profitable to place surplus funds in London, owing to higher level of money rates there, and such transfers of dollars into sterling have been a leading cause of firmness in the sterling rate this week. , Some American funds are also being placed in Germany, to take advantage of higher rates prevailing in Berlin...