Word: interests
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Dates: during 1940-1949
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...Government support of farm prices (unless price ceilings were restored). To sop up excess credit, he wanted the Government to keep high tax rates and whittle the federal debt. To check the flow of new credit he wanted to raise the banks' reserve requirements and force interest rates...
...Francisco State College's President J. Paul Leonard carried the ball a little farther. Said he : "Too much time is spent on rules the pupil forgets, and writing compositions on subjects in which he has no interest nor any information." English teachers were kidding themselves if they thought "that a child cares whether he speaks correctly . . . until he feels the social pressure of his own group." Another fallacy, said Dr. Leonard, was the common belief "that a boy or girl can learn to express himself correctly, clearly and effectively by taking regular courses in English composition in school...
...British movie tax. Six months ago, Frank Capra's Liberty Films sold out to Paramount Pictures (TIME, May 26). Last week Director Leo McCarey's Rainbow Productions, Inc. made a similar deal. McCarey got $1,000,000 worth of Paramount stock for his 50% interest; another $1,000,000 worth went to his associates, among them Bing Crosby, Bob Hope and Hal Roach Jr. Paramount gets the services of McCarey and Norman Z. McLeod plus the future income from Rainbow films, including Going My Way and The Bells of St. Mary...
Flowers & Cows. At 55, Rebecca West is greying and has put on weight which makes her look stocky rather than stout. Vestiges of her girlhood beauty now light a face that is impressive with mature intelligence. But, since she has little interest in dress, she often looks as if somebody had thrown her clothes on her as she rushed for the train...
...chief municipal interest among the groups called into question was the Samuel Adams School of 37 Province Street, near City Hall. Director Harrison L. Harley, "a Harvard philosophy Ph.D." as he pointed out last night, cited several University faculty members who had given courses at the modest institution...