Word: offsets
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Dates: during 1930-1939
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...tiniest towns. In its convention halls more U.S. Presidents have been nominated than in any other city in the land. Its Negro population exceeds that of Kentucky. Above its enormous immigrant foundation is a socialite crust that knows wealth, culture, good living. It has opera, music, art, museums to offset its physical crudities. It is strong, lusty, loud and ambitious. Many a Chicagoan confidently predicts that his city will soon surpass New York in size and importance, become "The Paris of the West." Yet in the matter of mayors, Chicago has not kept pace with its other manifestations of greatness...
...Angoff's opinion President Lowell will be assigned a high place in future academic circles. His mistakes were many, but his contributtions to education more than offset these mistakes. Where the University was concerned President Lowell exercised a wise discretion, but he was not always careful in expressing personal feelings. President Lowell's handling of the Sacco-Vanzetti case is critized, as well as his attitude toward racial differences. Angoff gives President Lowell praise for his defense of academic freedom of thought especially in wartime, and for the incalcation of his own intellectual standards...
...haste to put the code into operation that he did not wait for all its rough points to be smoothed out. Still to be settled, for instance, was the tough question of "stretch outs," the practice of making one mill worker tend a larger number of looms as an offset to higher pay. But President Roosevelt could & would not tarry on details because: 1) cotton mills have lately been boosting production to finish as much goods as possible at cheap rates before their costs go up; 2) on July 17 it will be 31 days since the Recovery Administration began...
...exposed a ring of counterfeiters who had been selling their bills at a cut rate of $15 per $100. The sleuths crept toward a loft building, dashed up stairs, smashed down a door to find four counterfeiters with their pockets stuffed with their own product. They also found an offset press, several thousand counterfeit $5 Chase National Bank notes, steel and copper plates for $5 notes. The Press was told that the ring had circulated more than a million $1 bills in the last six months...
Operations in the biggest steel districts -Pittsburgh and Chicago-have dragged down the U. S. average. Most companies can break even at 35 to 40% of capacity but for only a few will this mean a second quarter profit. Low April operations will more than offset the recent expansion. Nevertheless, U. S. Steel preferred was last week within a few points of par and the common at 56 had more than doubled its Old Deal...