Word: losses
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Dates: during 1930-1939
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Only banks, wholesalers and manufacturers belong to the Association, retail credit being a wide field unto itself. NACM facilitates the pooling of credit information. Every bank, every company that extends credit is constantly prying into the private affairs of its customers. They study balance sheets, earnings statements, profit & loss accounts, weigh character, reputation, personal habits. But the final element in credit is "ledger experience," the record of how bills were paid in the past. Local credit associations collect ledger experience from their members, pass it on to a national clearing house in the National Association. Between...
...pushed off a wagon by a policeman. This dislodges two pieces of shrapnel left in his brain since the War, with the result that he goes blind. Mary thereupon regrets her previous highmindedness, offers herself to her lover, but his regard for her husband has deepened with his loss of sight, and it is his turn to do the rejecting. Mary, who expected nothing in the first place, does not seem particularly disappointed...
...will be a complete waste of time for all concerned for your committee to attend this meeting unless you are prepared to carry out the instructions imposed upon your officers by the recent Canonsburg convention. The policy of fluttering procrastination followed by your board is already responsible for the loss of some weeks of time and must be abandoned. ... If you do not yet know your own mind, please stay at home...
...convention just prior to his address, listed nine fundamental principles of the "American system." Among them was the provision for an honest money and banking system, the restoration of the balance between farm and industrial income, the abolition of laws which seek to eliminate either profit or loss, abolition of governmental competition with private business, and the elimination taxation for the maintenance of a vast bureaucracy, and the avoidance of foreign entanglements...
...disappearance of the present institution will affect only a relatively small number of men, students and others connected with the instruction and research at Cambridge, expressed the opinion last night that to terminate abruptly the long-continued development of the library maintained by the School would cause an irreparable loss. They pointed out that this library has been built up over a longer period of years than any other collection on the subject and is now, they said, the most complete and therefore the most valuable in the world...