Word: penning
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Dates: during 1930-1939
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...banker can create deposits with the aid of a willing borrower and a good pen. When a bank lends, say, $25,000 to a businessman, it credits his account with that amount-an addition to the deposits, hence a liability. To balance the books' the bank takes the businessman's note for $25,000, which is an asset. Thus $25,000 worth of new credit money is turned loose in the country, passing from bank to bank in the form of checks. Not until the borrower pays off his loan does that money disappear from circulation. Provided...
Will Sutherland or Brandeis take his pen...
Much more congenial subjects for M. Maurois' pen are Lytton Strachey, Aldous Huxley, and Katherine Mansfield. His account of the way in which Strachey "reinstated Cllo among the Muses" is illuminating; and though he is delighted when Strachey in such portraits as "Lady Hester Stanhope" makes history seem "almost like a symbolist poem," he is aware that the truest history is never to be found in such portraits. On the interference of too much scientific knowledge and a too scientific point of view in the fiction of Huxley, M. Maurois is very just. And his analysis and estimate...
...that automobile armed to the teeth, this car preceded in front by an automobile carrying two other armed officers of the law and followed by still another car with armed guards and with state highway patrolmen as an escort, did attempt to escape by using a pen-knife...
...fond of me. . . . Damien believed his own religion with the simplicity of ... a child, as I would I could suppose that you do. . . . But the point of interest in Damien, which has caused him to be so much talked about and made him at last the subject of your pen and mine, was that, in him, his bigotry, his intense and narrow faith, wrought potently for good, and strengthened him to be one of the world's heroes and exemplars...