Word: make
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Dates: during 1930-1939
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...five and a half years Federal Deposit Insurance Corp. has guaranteed U. S. bank depositors against loss on deposits up to $5,000. Meanwhile, deposits of commercial banks have increased from $39,562,000,000 to $51,355,000,000 and U. S. bankers have sweated trying to make the billions earn money. Stagnant business and stagnant real estate have reduced the wage that a banker's dollars can earn. To keep them from becoming unemployed he has had to hire more & more of them to the Government. Today all banks have 30% of their total deposits on "relief...
...picture of dollars on relief was the annual report last fortnight of Federal Deposit Insurance Corp. Chairman Leo T. Crowley. FDIC's own figures looked good enough at first glance. In five years the corporation has had to pay out $21,000,000 to cover expenses and to make good average losses of 16% of the deposits of 252 insured banks that closed or were taken over. Meantime FDIC has taken in $167,400,000 ($124,200,000 of it from ½ of 1% assessments on bank deposits, $43,200,000 from its investments and profits). Result: FDIC...
None of this need worry depositors whose accounts are guaranteed by FDIC. But it is plenty to worry FDIC, which will have to make good future losses; something to worry the Government which is morally obligated to keep FDIC from ever going bust; something to worry business which has to support the Government...
Commercial broadcasters, who use only amplitude-modulating transmitters, have so far only nibbled at the Armstrong system. But the high-fidelity, interference-free programs from Alpine have created such a stir that General Electric Co. (licensed by Armstrong) started to make receiving sets which could be switched from commercial reception to frequency modulation. Last week these were put on sale in Newark, and this week they will be launched in New York. Price: $75 to $225. Stromberg-Carlson is also preparing to put sets on sale. Besides Alpine, two other frequency-modulating broadcasting stations (at Paxton, Mass, and Hartford, Conn...
...into darkest Nazi Germany, whence he would return to his sanctum at No. 175 Piccadilly to decant fresh magnums of purple ink in praise of totalitarianism. In The Aeroplane for July 5 he finally rared back and delivered this sockdolager: "Even the misguided English Foreign Policy which tried to make an enemy of Italy over the Abyssinian business, instead of adopting Sir Samuel Hoare's sensible scheme for splitting Abyssinia between Italy, France and ourselves, has failed to destroy Italian friendliness. But then, naturally, the Italian people do not read English newspapers, whereby they are spared much...