Word: moneys
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Dates: during 1920-1929
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...Government operates largely on credit, the Treasury borrowing money in three ways: 1) Bonds for long-pull needs over five years; 2) Notes for one year to five; 3) Certificates for less than a year...
Short-term certificates are issued on the quarterly tax-payment days. The present system has these defects, as explained by Secretary Mellon: 1) Money is borrowed in advance of actual needs with a consequent loss of interest; 2) The Treasury must give the certificates, which it sells at par, as low an interest rate as possible, yet high enough to meet momentary conditions of the money market. This involves difficult guesswork...
...pawn shop. Quickly he summoned a cordon of police, rushed at dawn into the home of Toyoshi Nakamura, a young chauffeur. Faced by scowling gendarmerie, Chauffeur Nakamura confessed all. His duties kept him busy from 5 p. m. until dawn, he said. He had robbed the geisha houses for money with which to attend dance halls and amuse himself in his spare time...
Named the New Fraternity Hospital, it is of steel, theoretically quakeproof. It stands beside the park where 32,000 people perished during the earthquake. It cost $1,500,000. The frugal administrators still have two millions of U. S. money with which to endow it permanently as a free hospital, containing 248 beds, facilities for 600 outpatients...
...unusually generous bequest of Mr. Charles H. Ditson to the muscle department puts at its disposal a relatively large annual income. The terms of the gift allow a wide range of usefulness for the money and will give an opportunity to the Music department for varying somewhat its present functions...