Word: intrinsice
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Intrinsic Sterling. On international exchange the British pound hovered between $3.85 and $3.95 last week, ceased its wild gyrations of last fortnight. In the House of Commons tight-lipped Chancellor of the Exchequer Philip Snowden was asked at question hour: "What steps does His Majesty's Government propose to...
Answered Philip the Bold: "It is not desirable to prevent the realization of sterling assets by foreign holders if they decide to do so. Regarding speculation, persons selling sterling well below its intrinsic value would incur serious risks. The remedy will come quickly when they begin to make losses."
Last month when crude oil prices melted down to 22? per bbl. and independent operators clamored for a voluntary shutdown, Governor Murray dug up a half-forgotten Oklahoma law passed in 1915 which prohibited oil production when its sale price dropped below its intrinsic value. On the strength of this...
Because awards are based on the favor of public opinion without reference to the intrinsic potentialities of a sport or of an individual. The News has advocated therefore that the distinction between major and minor sports be abolished.
Beyond the intrinsic musical value of the B Minor Mass, the performance of Bach's choral masterpiece tomorrow will have another significance. Sung by the combined choruses of Harvard and Radcliffe, the presentation of the Mass marks the complete emancipation of the college glee club from its traditional limitations. Following...