Word: interest
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Dates: during 1930-1939
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Another new thought was on the President's lips last week: "Despite our Federal Government expenditures the entire debt of our national economic system, public and private together, is no larger today than it was in 1929, and the interest thereon is far less than...
...three years the Committee on University Broadcasting has been arranging programs for Station WIXAL and the latest product of the Committee's high-brow ingenuity is "the Harvard University Series." Although designed to be of general educational interest, the program calls for professors from each of the graduate schools to discuss their work. And more and more these Harvard-trained Harvard professors have tended to stray from the main and to describe in detail how we do things here at Harvard. Despite its worthy goal, the Series is rapidly entering the twilight of advertising and is setting a dangerous precedent...
Last week the periwigged British bar viewed with interest the unprecedented decision reached in the Manchester Assizes in the case of Smith v. Hall & Pickles. For her fright, Mrs. Smith won ?2,500, assessed against Hall & Pickles and Mr. Cunliffe of Droylsden, since both were found equally responsible for the motor crash. Unless the decision is upset on appeal, the future may well see frightened British bystanders by the hundreds seeking nerve balm after every motor bump in Britain...
...However, on the paper profit ($1,598,000) from acquiring the debentures at the written-down figure, Seiberling Rubber Co. must pay a 19% capital-gains tax of $303,620. Net result: Seiberling Rubber retired its $3,100,000 loan by a cash outlay of $1,805,620 (plus interest). F. A. lost on the deal-but won because his company benefited...
...queasy readers it may provide a sensation something like that of sitting in an operating amphitheatre for the first time. Readers with steadier stomachs will follow with interest such clinical details as the sensations of Dr. Norton's wife when she is having an uncontrollable laughing fit, and when she realizes she can never be cured...