Word: levelers
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Dates: during 1930-1939
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...York Central, traditional rival of the Pennsy, boasts a "water level" route to Chicago. Its domination of the richest State in the Union dates back to the management of Cornelius Vanderbilt. For two generations the House of Morgan, George Fisher Baker's First National Bank and the Vanderbilt sons and grandsons have been at Central's throttle. But early this month a new force entered the Central when 74-year-old Leonor Fresnel Loree, the bush-bearded president of smallish Delaware & Hudson, triumphantly announced that he had bought 10% of Central's stock (TIME, Feb. 6). Last...
...relationship to anything vital, but somehow valuable for sentimental associations. This is an attitude to which a great many people subscribe without feeling that a trip to the third floor of Widener is quite worth the effort involved. Antagonism to this idea receives a crowning justification from the low level of taste revealed in the selection of the books which go into the collection. The liberality of Morris Gray in providing a fund for the purchase of modern poetry apparently was so great that almost anything is liable to turn up on the shelves provided that it was printed yesterday...
Another fact on which both savants agree is that there is more than one kind of cosmic ray. Some rays pierce the earth's atmosphere more easily than others. If they are all electrons, those which reach sea level-reasons Dr. Compton-must have as much as thirty billion volts behind them. Dr. Compton's estimate is untenable, argues Dr. Millikan. Photons at five hundred million volts make just as big a splash in an electroscope as might electrons many times stronger...
...sound currency, with no inflation. "General inflation will not procure the results we want. . . . It would be favorable to those groups which never adjusted themselves to the new price level; it would injure those who had done...
...City school teachers grudgingly took pay cuts averaging 6% to 7%. In the municipal budget other savings are scheduled by closing three teachers' training schools, increasing the size of classes. ¶ The Nebraska Farmers' Union demanded that educational costs be reduced to 50% of the 1928-29 level. ¶ The Tennessee Legislature was asked to save $2,000,000 biennially by abolishing four normal schools, Tennessee Polytechnic Institute and the University of Tennessee Junior College of Agriculture. ¶ Professors and other officials at the University of Kentucky have not drawn more than half-pay for months...