Word: interdistrict
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Last night the Black Students Association, Concilio Latino and the Harvard Republican Club sponsored a debate about school choice. Whether it involves interdistrict transfer, vouchers or charter schools, “school choice” is increasingly popular with minority parents otherwise unable to escape decrepit government schools in Cleveland, Detroit and other large cities. While the 14 years since Milwaukee first attempted a voucher system have seen such milestones as the Supreme Court’s 2002 ruling in Zelman v. Simmons-Harris, which stated that vouchers could be used at religious schools, and this year?...
...name is Alice, and this is Mrs. Morse's third-grade music class. Would you care to join us?" Who wouldn't? Fetching classroom greeters are just one of the appealing features of the Wintergreen Interdistrict Magnet School in Hamden, Conn., a for-profit public school with an exuberant following among its students, parents and teachers. Run by Edison Schools Inc., a company whose shares are traded on the NASDAQ, the kindergarten-through-eighth-grade facility draws students from four local districts and sports a waiting list with more than 1,000 names on it. "We're a curiosity," says...
...great trouble with scrip is the difficulty of transfer from one clearing house district to another between which there is no agreement of confidence. One district's scrip might be at a discount in another district. The Federal Reserve is counted on to facilitate interstate as well as interdistrict exchange but at best scrip is expected to be only a local and temporary relief during the currency shortage...
...outstanding feature of the credit situation is the comparative slowness with which easier conditions are developing in the money market. The fact of improvement is unmistakable in all fundamental relations--federal reserve ratios, rediscounting, interdistrict borrowing; but the six months which have elapsed since the peak of the credit stringency have witnessed a much less substantial decline in market rates than occured after previous crises in this country. For this there are several reasons. The drastic liquidation in commodity markets and the serious difficulties in certain export markets have made it necessary to "carry" many borrowers for more or less...
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