Word: know
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Dates: during 1910-1919
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Last December Secretary McAdoo estimated that the expenses for the current fiscal year would be $18,775,919,000. We know now that they will not exceed $13,870,000,000. This in part, explains why we are borrowing now "only $3,000,000,000 and oversubscriptions," instead of the $10,000,000,000 which we had expected to borrow. Another factor contributing to the same result is the underestimate of the income and excess profit taxes. We supposed that each would yield about $1,200,000,000. The best present estimate is that the total of the two taxes...
...America of a year ago was a different nation from the one we now know. On the brink of a great struggle, it had made no preparations for war. It was a nation of individuals, divided by a hundred varying interests and cares, peaceful and contented in its material prosperity, and complacent in its traditions of democracy and the freedom of men, a sort of Babylonian boarding house of enlightened beings, living in a happiness which was sooner or later bound to meet the rocks of the vital problems of the world's life. All that is changed today...
These are minor points of interest. As to the upshot, we can only hope that General Foch will be successful and that our troops will get the full share of the fighting we know they are thirsting...
...stay out of school for a year with a bad foot, and I think that accident made him very patient and very kind and thoughtful of other people. He was really held in affectionate regard by more older people than any boy of his age I know, and of course I swore by him, and he by me. He was closer to me than anybody else, and I loved him as my best friend and brother. And now he has been killed...
...hoping for it, and I know only too well that perhaps I am not worthy of it anyway. My chief concern now is to get abroad, and when I get there to do my damnedest to avenge my brother's death. I won't stand for anything less than the complete conquering of the devils who let this hell on earth loose. Whatever my part is to be I intend that it shall at least be one that is felt by some German or Germans, and I have gritted my teeth to see this thing through and hang on like...