Word: liquidating
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Dates: during 1930-1939
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...credit will be largely used as a bank crutch. It will, its friends hope, relieve the strong banks of the job of carrying the weak ones, thus freeing their liquid assets for more constructive purposes. The one great danger cited is that R. F. C. may so load itself up with all the frozen securities now clogging the banks that it will itself go into a frigid state and sink out of helpfulness...
...exist before. But President Hoover, like many another man to whom words are good or bad per se, dislikes the word inflation, prefers to call his relief policies counter-deflation. Business and banking have been spinning in a downward spiral?bank runs, heavy sales of assets to keep liquid, reduced security values, more fear, more runs, more sales, still lower values. It is to arrest this process that the Government has interposed R. F. C. on the theory that $2,000,000,000 will cushion the fall, stop it. perhaps turn it up in the opposite direction. Once it turns...
...failures continued in spite of National Credit Corp., the much-publicized, half-billion-dollar financed lifeline thrown out in the autumn. Bankers, however, recognized that National Credit Corp. has maintained its policy of lending only on sound collateral.* Last week National Credit, previously operating with funds borrowed from highly liquid Manhattan banks, made its first call for payment on subscriptions, raised $50,000,000 by asking for a 10% payment, presumably to pay its creditors, proceed with further loans...
...products which, unless removed, clog continued growth. The older a person is. the greater the clogging. If it were possible to replace all of a person's old and decrepit cells by young ones, and if it were possible to cleanse every drop of blood, lymph and other liquid in his body, then he would be rejuvenated. How to accomplish all that has, said Dr. Carrel last week, "still to be discovered. . . . No senescent organism has ever been rejuvenated by the procedures of Steinach* and Voronoff. . . .† The process of aging remains irreversible...
...found it. Co-discoverers were Dr George M. Murphy of Columbia and Dr. Ferdinand G. Brickwedde of the U. S. Bureau of Standards in Washington. Under low pressure Dr. Brickwedde liquefied hydrogen by reducing the temperature. Then he allowed the temperature to rise.' At 437º below zero F. the liquid began to evaporate. Ordinary hydrogen atoms, being lighter, had risen to the top, evaporated first, leaving the heavier isotope in a richer mixture. At Columbia Professor Urey examined the hydrogen with a spectroscope, found lines only faintly visible in ordinary hydrogen, concluded they were caused by the isotope...