Word: maining
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Dates: during 1920-1929
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...Harvard CRIMSON to indulge in that uncharitable fling at East Boston, in emphasizing a point with reference to Harvard university's domestic affliction. It is true East Boston is a community made up in the main of working people; many of whom own their own little homes, and from whence has come many a good Harvard man. Our esteemed young friend might be better engaged than casting slurs on a good neighbor and friend. --East Boston Argus-Advocate...
...instantly apparent to opening-day visitors. Instead of finding uncomfortable new buildings in an old and settled town, they discovered a great established park with comparatively old exposition buildings in a hastily modernized city. Seville's exposition has been 19 years in preparation, many times postponed. The main building was used as a hospital during the War. Trees have grown up; the buildings look settled. This winter, however, it was decided that the old crooked streets of Seville were not wide enough for the large expensive automobiles of expected tourists, Seville's hotel accommodations were insufficient. Old blocks...
Like Otto Kahn, Albert Kahn came to the U. S. from Germany (in 1879) but with no banking prospects nor heiress to wed. A job got he in an architect's office, and many a book he thumbed. At 26 he was a practicing architect and main support of his family, sending through college four brothers and one sister. At office at eight, he often leaves at seven. During working hours, his coat is always off, his hair is always mussed. He is a member of six golf clubs. But he has never had a golf club...
Call Money Market. Mr. Simmons's next main contention put upon the Federal Reserve Board the responsibility for the low bond market and the high money rates which usually have been blamed upon the Stock Market. For, said he, the Reserve Board, through its "fear propaganda, warnings, and vague threats," has so filled the capitalists with anxiety, with terror, concerning investments in either stocks or bonds, that this capitalist has put his money not into stocks, not into bonds, but into the call money market- "the safest form of investment known in this country." Furthermore, the more the Reserve...
Rediscount Collateral. The fourth and final main argument of Mr. Simmons was the somewhat startling suggestion that the Federal Reserve System (the twelve parent banks) be allowed to rediscount stock market loans. Stock market securities are not accepted as collateral at the twelve Reserve Banks, which must make their loans on government or open market paper. But, maintained Mr. Simmons, the supply of restricted securities on which the Federal Reserve System can make loans is rapidly dwindling. The government is paying off its national debt at the rate of a billion dollars a year, and "in 15 years there...