Word: maye
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Dates: during 1920-1929
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...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 may remain no Federal securities for the Reserve bank to purchase or lend upon." Open-market paper, too, has been "shrinking rapidly." Thus the Federal Reserve would sooner or later be forced to rediscount security collateral loans for lack of other loans upon which to exercise its rediscount facilities. It would have...
Another step in the direction of the Five-Day Week, predicted by Contractor Fred T. Ley (TIME, May 6) and many another observer of U. S. labor, was taken last week when the Manhattan Structural Steel Board of Trade granted the Five-Day Week to 2,500 ironworkers. An increase in pay-per-hour insured workers of no decrease in wages. Manhattan electricians and bricklayers had previously won the Five-Day Week battle...
Arkansas Natural Gas. Of Arkansas Natural Gas, Mr. Broun holds no less than 100 shares, the purchase apparently having been inspired by the 500,000 share turnover (TIME, May 13) during one day last fortnight. Mr. Broun bought the preferred, which has been almost stationary around 8. With his Arkansas Natural Gas, his public morality got once again all entangled in the tentacles of the Superpower Octopus. For Arkansas Natural Gas is a subsidiary of unique Henry Doherty's Cities Service Co., great among U. S. utility companies...
...public may nominate for the Hall of Fame any of its heroes, provided they have been dead 25 years. The names are considered by a New York University Senate. If two Senators approve of a name it goes to a nation-wide committee of electors, which includes no N. Y. U. officials. The names which receive at least three-fifths of the votes are thereupon inscribed in the Hall...
...tell you tonight, because I have seen it with my own eyes within a fortnight, that Canton is still, this minute, cursed by a tenderloin - a loathsome well-identified district of vice and crime where the scarlet woman plies her trade, where the illicit traffic continues and where dope may or may not be sold. I am told that the Federal authorities (not local police) have latterly fairly well stopped the narcotic traffic. The mayor of Canton is C. C. Curtis, elected by the people since the death of Mellett, although he had previously been removed from the mayor...