Word: optioned
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Dates: during 1930-1939
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...important than that the College should decide whether the whole educational philosophy which the tutorial system embodies should be abandoned. This decision is upon the present administration. Those who have given themselves to the system are no longer content to play a subsidiary role, and that only at the option of the student. The student is perplexed by duties which seem to him conflicting; if he needs a scholarship, tutorial is an expensive luxury for which there is no reward. Everywhere, in the rank list, in the general cum laude, the dominance of course credit is subtly emphasized. Now that...
Directors of the Tokyo Electric Light Co. decided last week to repudiate the clause which gives holders of the company's debentures an option to receive payment in pounds or dollars at the old par gold value. The Japanese directors cited as their excuse the cancellation by the U. S. Congress of the gold clause in U. S. contracts. Many U. S. holders of their debentures, they complained, have been demanding and receiving payment in pounds which, to Japanese, seems unfair...
...this ducal cue up popped the Marquess of Londonderry, Secretary of State for Air. "We cannot accept continuance of our present inferiority," he declared for the Government. "If parity cannot be secured by reductions elsewhere we will have no option but to build upward. [Cries of "Hear, hear!"] Our present relative weakness in the air cannot be allowed to continue...
...before the New Jersey Legislature were three liquor control bills written by the State Alcoholic Beverage Commission. Not unlike the recommendations of the Rockefeller Report (TIME, Oct. 23), they provided for a State liquor commissioner appointed by the Governor, a graduated system of taxes, local option and local liquor boards appointed for six years. Bars and saloons were not banned...
Another syndicate was formed in 1930 to buy 1,000 shares of County Trust so that the directors could offer the inducement of an option to Orie Kelly whom they wanted as a successor to Mr. Riordan. The stock declined, however, and Mr. Kelly let his option lapse. Once again the members were called upon to take up their stock and the loan was paid off. So suavely precise, so frank with his facts was Mr. Raskob that even the Senators could find no fault with his story...