Word: normalization
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Dates: during 1930-1939
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...electric current is simply the passage of electrons through a conductor. The greater the number of electrons, the higher the amperage of the current. At normal temperatures the electrons, pushed by the voltage, make the best individual progress they can through the maze of atoms, and they are impeded by the atomic dance. If the conductor is progressively chilled, the resistance to the current should fall off as the atomic dance slows down. In theory, the resistance should diminish in a smooth curve until it vanishes entirely at Absolute Zero, where the electrons would encounter no more opposition than would...
...termed the surplus earnings of the operating companies during periods of prosperity ... a temptation to rape the subsidiaries for the benefit of the holding company." Senator Wheeler read aloud Mr. Hoxsey's reasons for the indictment of such companies: "Financially and economically, because a small and normal variation in the rate of return on the property of the operating subsidiaries makes a large and abnormal variation in the rate of return on the securities. . . . "Ethically, because under certain circumstances they are merely parasitical...
...make a wet and gloomy hell of high water as the swollen torrent swept 900 mi. south-west through ten sodden States. Pennsylvania got off comparatively easy this year. The citizens of Johnstown, which can never forget 1889, got worried when the Conemaugh went to five feet above normal after a 72-hr, rain, but few Johnstownians took the precaution of moving to higher ground. Pittsburgh's "Golden Triangle," the downtown district where the Monongahela and Allegheny meet to form the Ohio, got its feet wet near the river banks, but there was no likelihood of a repetition...
...crop loss in 1913 resulted in only a 20% dollar loss to the industry. But today the citrus crop is six or seven times as great as 25 years ago. One small freeze early in January caused damages estimated at $20,000,000, as much as the entire normal crop was worth in 1912. The Great Freeze of 1937 would probably go down in Southern California history as about equal to 1913 in severity, vastly more costly...
...reported for 1935, a substantial part was derived from stock in the cinema industry. Mr. Aldrich was referring principally to those two heritages from the Wiggin regime, Fox Film and General Theatres Equipment. "Obviously," said conservative Banker Aldrich, "holdings of this kind can not be regarded as normal earning assets for a commercial bank and the income de rived from them, therefore, is in the na ture of special revenue rather than ordinary earnings...