Word: long-term
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Dates: during 1923-1923
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...letting wartime offenses be bygones, President Coolidge has taken the wise course. There is also the probability that before very long these restless spirits will again place themselves in a similar position of active opposition to the present social order. Although it will be a much more difficult task to dispose of them, without the aid of the summary proceeding incidental to a state of war, the fact that they are old offenders will make convictions and long-term imprisonments more acceptable to a certain niceness of the public taste...
...entering into such another swift and unhealthy " boom" as he experienced in 1919 and 1920. For the most part, anxiety on this score seems groundless. The 1919 boom arose from the world shortage of goods after the war, and our huge consequent exports which were recklessly financed with long-term banking credits. These latter, together with the additional strain placed upon the banks by the great rise in commodity prices, came upon a money market already badly inflated by war conditions. When our credit facilities were exhausted liquidation naturally followed, with the result which is still a nightmare...
...Lenroot-Anderson bill provides capital in each Federal Farm Loan bank and authorizes the banks to issue long-term tax-free debentures on stock or land to the amount...