Word: may
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Dates: during 1920-1929
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...human field where the theories may have consequences is in aviation. The airplane motor is operated by electricity set moving by the magneto and intensified by electro-magnetic coils. When the plane is on the ground electricity and its spark act in a definite fashion. Perhaps that fashion changes when the plane is high in the air?powerfully lifted against the earth's force of gravity and swiftly moved with or against earth's rotational force. The possibility of such change may account for some airplane accidents. Perhaps such possible changes can be foreseen, calculated, forestalled. Perhaps?not to venture...
...most ancient and central aspect, oldtime Harvard College, to which the university's graduate schools are comparatively recent and traditionally minor adjuncts. Beneath the Lampoon's youthful vulgarity and ink-intoxicated rudeness there seemed to be a note of genuine bitterness which, since Harvard men are often sad, may have adumbrated some portion of adult Harvard sentiment on the "inner college" plan The Lampoon also said the following...
...money in the Federal Reserve banks belongs not to the U. S. but to the member banks. The essential theory of the Federal Reserve System is that the member banks in each district get together, pool their resources and form a virtually inexhaustible reserve fund upon which all may freely draw. Therefore, although the Federal Reserve Board may frown upon the use of this reserve for speculative purposes, it cannot lose sight of the fact that the Federal Reserve banks are privately owned, are operating largely with private funds, and fundamentally exist for the sake of supplying money rather than...
...thus impossible for a Reserve bank to dictate how its credit shall be put to employment. . . . The specific use of credit is the business of the individual member and nonmember bank. . . . What the Reserve banks do primarily is to fix the price at which their funds may be purchased...
...TIME, Feb. 4). Since the increase adds 25% to the membership, each present member has a one-fourth interest in a new seat, or, in other words, each present member now owns five-fourths of a membership. The prospective purchaser of an Exchange seat may therefore acquire membership in one of the following three ways...