Word: musts
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Dates: during 1930-1939
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...banks sell. Of every $1 paid in old-line premiums, 11? is paid to an agent; one out of every 190 adults in Massachusetts is an insurance agent. Savings banks employ no agents, pay no commissions. Top salary is Commissioner Dewey's $4,200. And because their policyholders must come to them and so, the presumption is, are more convinced of the value of insurance, their losses from policies given up before they mature are comparatively small. In 1933 the lapse ratio of the savings banks was 2.62%. Same year, according to Commissioner Dewey, the lapse ratio of some...
before this war the age must...
...exception in this ring-around-a-rosy is Government. At this point Author Scherman, who says you must keep your shirt on if you want to understand economics, throws his hat on the ground and stamps on it. Government, says he, welshes on all its promises. It steals property through taxes, steals money through devaluation of the currency (which he compares to the "coldblooded cheating of little children"), milks the banks, shows an unbroken record of "fraud" for 3,000 years. Finally, says Author Scherman, the combination of all these Governmental dishonesties is the main cause of depressions...
Deadline for applications will be Saturday, April 2, when these must be turned in at the office of the Purchasing Agent of the University, in Lehman Hall...
...Story of the Lick Observatory" will be given by Smiley at 8 o'clock and is open to the public without charge. Tickets must be secured in advance...