Word: pound
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Dates: during 1930-1939
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Gold today is valued at close to $30 an ounce in terms of the British pound or the gold franc. This is in anticipation of the devaluation process. If of course the American Government decides to devalue the gold content of the dollar not by a third but by one-half, the price of an ounce of gold would jump to about $40 in terms of the new dollar. Thus the four billions of gold supply would be worth eight billions of dollars and the Government would make a four billion profit...
...present quotations on the dollar in terms of the pound or franc show the dollar to be worth about 66 cents. If devaluation ratifies the existing level, then the total gold profit will be about two billion. It is not known how much the gold hoarders retain, but it is believed they have about $200,000,000 and will make a profit of $100,000,000. The Government will try to take it from them by taxation...
...mail contract at $1,044,000 per year. When his new ships began to operate Walter Brown, then Postmaster General, increased this subsidy to $2,185,000 per year. But Export Steamship was not overburdened with postal cargo. From August 1928 to June 1929 its ships carried precisely three pounds of mail, a cost to the Government of $234,980 per Ib. In 1929 it carried one pound of mail for $115,335. For fiscal 1931 it carried eight pounds of mail for $125,820 per Ib. Its defense was that ocean mail contracts are only a legal pretext...
Until three years ago, when the New York Evening Post began to print his work, Westbrook Pegler was better known in Chicago than in the East. Since 1920 he has lived at Pound Ridge, Conn. Possibly because most of his neighbors have remodeled Colonial farmhouses, Pegler's is an adaptation of a Bavarian chalet. Slight, wiry, sandy-haired, he plays atrocious golf, drives his car like the coal man. Before their marriage his attractive wife was Julia Harpman, star crime reporter on the New York Daily News. His father, Arthur Pegler, is still the New York Daily Mirror...
President Conant, Dean Roscoe C. Pound, and Professor Calvert Magruder will be the speakers at the opening reception to first year Law men, to be held in the court room in Langdell Hall at eight o'clock tomorrow, under the auspices of the Law School committee of Phillips Brooks House...