Word: level
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Dates: during 1920-1929
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International Business has reached, for the first time since the war, the level of 1913. ... As a matter of fact, the weakness of the franc and lira is not by any means a symptom of any prevalent European infirmity; it is simply the last vestige of prolonged convalescence. Sterling exchange was well able to stand the strain of the recent general strike and there has been a steady gratifying recovery of Scandinavian, Dutch, Japanese and other important exchanges, despite the loud clamor for "managed currencies" and other fiscal "quackery."-Dr. Julius Klein, Director of the U. S. Bureau of Foreign...
...probably know Imperial is below sea level...
...delegations of the Great Lakes states, all except Illinois, led by the veteran onetime Senator Burton of Ohio, fought the Illinois waterway tooth and nail, because they alleged it would lower the level of the lakes. They also charged that the survey of the All-American route was a waste of money because the project was impracticable. Another group opposed the Cape Cod Canal purchase, charging that it. was an attempt to unload an unprofitable* private enterprise on the Government...
...Premier stuck to the letter of his ultimatum, said not a word until Mr. Pugh said quietly that the Trade Union Council had decided to terminate the general strike. Victorious, Mr. Baldwin level-headedly exclaimed: "I thank God for your decision...
...dominant factor in the financial situation is the recent lowering of the New York Federal Bank's rediscount rate from 4% to 3½%. Although this made money easier for speculation, the stock market kept fairly level during the past week. The fact is, some Manhattan money is passing to the interior states, while considerable is going into foreign investments. The final settlement of the French debt (see NATIONAL AFFAIRS) presages the floating of a large French loan here, the proceeds of which might be used to stabilize the franc and perhaps restore it to a gold basis...