Word: lowering
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Dates: during 1930-1939
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...Graduates, the three lower classes, and the Glee Club assemble in the Yard...
...Graduates, the three lower classes, and the Glee Club march to the Stadium. Seniors, led by class officers, march around the Yard, cheering the buildings and the Tree...
...Depression but a runaway boom, the Federal Reserve Board boosted bank reserve requirements. This cut down the total of potential credit in the form of excess bank reserves and made money a little more expensive to borrow. Last week the President told Congress it was now time to lower reserve requirements-which the Reserve Board did forthwith. Net effect of lowering reserve requirements was to increase excess reserves from $1,700,000,000 to $2,400,000,000. That is enough to support a credit expansion of perhaps $15,000,000,000-if businessmen would borrow...
...called for - working for a new heaven and a new earth, wherein justice dwelleth." Patron of the Catholic Worker is St. Joseph, the working-class husband of Christ's Mother. A statue of him stands in the window of the Catholic Worker headquarters on Manhattan's dirty lower east side. Miss Day, Mr. Maurin and a dozen others live in this "House of Hospitality," along with some 40 indigent "guests." Every morning they feed coffee, rye bread and apple butter to 1,000 men who begin lining up at 4:30. There are about 13 such workers...
Sympathetic indeed was Franklin Roosevelt to the railroads last week, and hardly a day went by without his active attention to the problem. As the roads gloomily revealed that car-loadings last week were lower than for the same week in 1932 when Depression was at its blackest, the President called a Cabinet meeting where he was reported to have said that he would favor letting the roads go "through the wringer" to reduce top-heavy capitalizations were it not that large insurance companies and banks would suffer greatly. That afternoon he told his press conference that he had decided...