Word: money
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Dates: during 1920-1929
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...Chicago, he has been for many years president of the Chicago Historical Society, president of the Inland Yachting Association, but, more important than these, is one of the greatest philanthropists in the country. Quietly he directs amounts, great and small, into channels where the need is most. The money is from the estate of the late Mrs. Seipp, wealthy brewer's widow, Dr. Schmidt's mother-in-law. Also, Dr. Schmidt (born Chicago, 1863) is the leading German-American of the Middle West, the great presider when distinguished guests from the Central Countries visit here...
Facts are that last January the Reichsbank lowered its rate from 7% to 63%, "for the purpose of stimulating German trade." That desideratum was not attained. Instead the attraction of abnormally high money rates in Manhattan and other foreign capitals operated to deplete seriously the Reichsbank's gold reserve. The only possible counter-move was to raise the rate last week, and in Manhattan it had been anticipated for some weeks that Dr. Schacht would, nay must, take this step.* In Paris, however, angry editors rose above common sense, charged that the lowering of the rate last January...
Since the free pension list was closed in 1915, the foundation hoped to close its books by 1973, it was announced by Clyde Furst, the secretary of the foundation. At the rate that the money of the fund has been pouring out in the last eight years, the fund would have been exhausted...
...announcement of the money saved by the erection of permanent steel stands in place of the more expensive alternate solutions of the Stadium problem may well bring up the question of what this money has been saved for. At the end of the fiscal year last June the Harvard Athletic Association had on hand a balance of $393,939.72. Estimates of surplus to be added to this figure this year are upwards of one hundred thousand dollars. From the total balance of approximately $520,000.00 will be subtracted the price of the steel stands, roughly $170,000, which leaves...
...carrying out its own wishes by pressure from the Corporation. The doings and deliberations of this body are always cloaked in obscurity and the motivation of its decisions not always apparent. In the present instance, the Corporation's reluctance to let the H. A. A. spend its own money seems unusually inexplicable. In view of the fact that this tightening of the purse strings is likely to affect the bodily welfare of a large share of the student body, it is necessary that a more adequate explanation be given than...