Word: notional
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Dates: during 1930-1939
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Banks will have their security affiliates cut away from them. The impractical notion of restricting the use of Federal Reserve credit for speculation will be toyed with. Advertisement of stocks and bonds sold in interstate commerce will carry sworn data as to promoters' bonuses, commissions, invested principal and interest of sellers. Stock exchanges will not suffer. (Only really important change in the banking system is state-wide branch banking which may be put through the "lame duck" session...
With a liberal sprinkling of President Hoover's rosiest 1928 quotations. Speaker Garner's argument took this tack: The 1929 crash and subsequent Depression hit the U. S. first, did not. as Republicans claim, come from abroad. The economic collapse developed from domestic folly and the notion that prosperity was about to "abolish poverty." For two years President Hoover minimized Federal deficits, missed his guess as to their total size by about four billion dollars. Public distrust of Treasury policy was at the root of last winter's panic. The President was two years late getting around...
This last point may have its practical advantages. True, many thousands of dollars are spent every year in paying the admission to football games for those who have only the faintest notion of what the game means or how it is played. But in this very fact there is a danger. It may be that people will grow weary of paying good money to watch a show they do not comprehend. But horse racing is as old as civilization and promises to live to the end of time. It has a universal human appeal. It is more conservative...
Through repeated blood tests it was found that, in spite of intense heat, the character of the blood remained fairly constant. The party was able to dispel the notion that cold water and meat are injurious in hot climates...
...Last week it was announced that Governor General Roosevelt would return from the Philippines in mid-September to join the Hoover campaign, help dispel the notion that the Democratic presidential nominee belongs to T.R.'s breed...