Word: parred
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Dates: during 1930-1939
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PASSIONS SPIN THE PLOT - Vardis Fisher-Caxton & Doubleday, Doran ($2.50). If the last two volumes of his tetralogy are on a par with the first two (In Tragic Life-TIME, July 3; Passions Spin the Plot}. U. S. critics will be speaking of Idaho's Author Vardis Fisher in the same breath with Indiana's Theodore Dreiser. No less doggedly candid than Dreiser but a more artful writer, Author Fisher intends his four-decker novel to be an honest book. Because he has had a hard, unhappy life and because he writes only of what he knows...
...Lords - ¶Reversed a previous chancery Court decision and held that British holders of "gold clause" bonds of the Societe Intercommunale Beige d'Electricite are entitled to demand and receive interest and capital payments in gold at the par value of the pound.* "The original intention of the contract was to prevent the loss from falling upon the bondholder should sterling become depreciated," argued counsel for the bondholders, and this view the Lords upheld. Because the U. S. Supreme Court gives great weight to pertinent decisions at the fountainhead of Anglo-Saxon law, holders of U. S. gold clause...
...pound was 33% below its gold par last week, the dollar 36% below...
...employes Manhattan's National City Bank allowed them in 1929 to purchase some 50,000 shares of its stock at the specially low price of $200 per share. Last week most of the employes completed their payments, took title to their stock, soon to be reduced in par value from $20 to $12.50 and now selling in the open market at about $19. The day last week's payment was due a number of National City's loyal employes resigned. Reason: by leaving the employ of the bank before the stock was turned over to them they...
...practice. A doctor may practice as a specialist, after passing stiff examinations, and thereby get a slightly higher income from the government. He may practice privately (only 10% do) after his four or six-hour daily stint for the state. Education of doctors and nurses is below U. S. par, but improving. Pure research is encouraged...