Word: normale
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Dates: during 1930-1939
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...present high surtax (up to 75% on $5,000,000) on upper-bracket personal incomes. Coupled with this was a plea to stop issuing tax-exempt securities.* Thus very rich citizens might be influenced to take normal business risks instead of buying Government bonds...
...years that followed, while Russian economy climbed slowly back to its pre-War normal, the Party he addressed plunged into turmoil unequaled in political history. Bolsheviks fought Whites, but they also fought Czechs, English, Germans, French, Americans, Japanese, Letts, Mongols, Poles, on 14 fronts and for more than four years-fought with inadequate arms, starvation rations, an exhausted population. They signed with Germany a treaty as punishing as the Treaty of Versailles, lost a quarter of their manufactures. Said Lenin, "I would give up Petrograd for a breathing spell of 20 days." They fought the armies of Kolchak, Denikin, Yudenich...
...most of his countrymen, Franklin Delano Roosevelt is a stockmarket watcher rather than an economist. To him, as to most of the U. S., a rising market means that business is all right and a declining market is a sign of woe, fortelling that unemployment will again exceed its "normal" quota of 10,000,000. When the market is down the New Deal begins to look for new brands of unemployment reducers and market restorers. Last week, it was obviously twirling the dial in search of the right wavelength on which to broadcast a new offensive against renewed depression...
...Except for normal commercial transactions and British Government payments for arms purchases, Britain, possessor of the world's No. 2 gold hoard (about $3,000,000,000 plus the hidden treasure of India and the mines of the Rand), will no longer add to the top-heavy U. S. gold cache ($15,867,000,000), some 60% of the world's supply. This means that English speculators will no longer be free to unload gold, which is of no present use to the U. S., in exchange for valuable U. S. securities and commodities...
...Fordham University) came into fashion at U. S. commencements soon after the Civil War, Mr. Sargent reported. Today an elaborate code, to which 95 schools and colleges adhere, governs the gowns' sizes, colors, materials. Black is for liberal arts graduates, white or grey for high school, blue for normal school, pink for music, lemon for library science, silver-grey for oratory, maize for agriculture. Harvard has its own code, uses varicolored crow's-feet on the front panels of gowns instead of velvet hood trimmings to distinguish separate orders of graduates...