Word: paring
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Dates: during 1930-1939
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...Paris Promoter Dickson has staged tennis, hockey, concerts, wrestling, the circus, an indoor "lion hunt" with 100 lions, and a show called "The Jungle at Midnight," with denizens of the Pare de Vincennes Zoo under flood lights. When 300,000 people visited Dickson's Jungle in the first eight nights, the authorities decided it made the animals nervous, stopped the show. Promoter Dickson finds London crowds the most tractable in Europe, Paris crowds the most excitable. In the Palais des Sports, to prevent a recurrence of the wine bottle incident, a net can be lowered around the arena...
...banker declared last December that the U. S. was "running with the throttle chained wide open and the airbrake system removed from the train." On the other hand, the House of Morgan believes that excess reserves are by no means excessive, since a heavy outflow of gold would quickly pare them to more normal proportions. To Chairman Eccles the track looks clear as far as he can see. Moreover, he disagrees with Banker Aldrich about the air-brakes. As soon as he spies a red-signal around the Recovery bend, he can: 1) Double reserve requirements, a move which would...
...interest rates and resulting reduced operating earnings." Because both institutions had earned their dividends in the first half of this year, their announcements gave the over-the-counter bank-share market a bad turn for a few days. The fear that First National, the "Baker Bank," would pare its $25 quarterly payment, sent First National stock tumbling $135 per share to $1,680. Not until Guaranty Trust, First National and other Manhattan banks declared their usual dividends did the bank-share market shake out of its gloom...
...Frenchman in every 20 holds some sort of Government job. Deputies are elected for four years, can throw out any cabinet at will and neither hell nor high water can budge them. The emergency government of kindly old Gaston Doumergue tried valiantly to pare Government expenditures and failed (TIME, Nov. 19). Knowing what their country was up against, shrewd French investors sent a thin trickle of capital abroad. Then week after week as the condition of French business, the size of the probable deficit, became more & more apparent, the gold flow grew. Last week it was a torrent...
Last week without warning Secretary Morgenthau unlocked his vault and took out almost all the nest egg which was not tied up in the Stabilization Fund. Forthwith he announced that he was about to pare the public debt...