Word: pounded
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Dates: during 1930-1939
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...William and Mary chartered the institution, granting a fabulous cash endowment of well over $100,000, 20,000 acres of land, and an annual income that shot up like a pre-depression graph. This was garnered from an export duty of two cents on every pound of tobacco, another on all skins and pelts, an import tax on all liquors, and one-sixth of the fees of all public surveyors. Around 1750 this amounted to $15,000 annually, arousing the admiration and envy of William and Mary's poor, struggling contemporaries in the other colonies...
...year class has attracted only one man so far but it is expected that there will be more before the deadline comes for signing today. Eight men in the novice class and seven in the 155-pound class complete the quota...
Though admitting by implication that the shot-in-the-arm given Britain by cheapening the pound (TIME, Sept. 28, 1931) has at last just begun to wear off, the Chancellor observed: "I must say that up to now there has been exceedingly little sign of a check in our movement toward recovery. . . . Employment . . . is picking up.... Export and retail trades, notes in circulation, bank clearings and bank advances all show substantial increases.... It is only in new capital issues, which were continuously extending up to the end of July, that in August we received a definite check, due doubtless...
Finally, Conservative though he is, Chancellor Chamberlain took the stand that he must be left as free to extemporize and monkey with the pound as President Roosevelt is to monkey with the dollar. "If this country were to go back to the gold standard, it would mean we were no longer free to adapt our policy," Mr. Chamberlain suavely told the Mansion House banqueters. Earlier in the day, before the Lord Mayor's wines had mellowed his mood, the Chancellor had said harshly what he really meant, "even the most tentative approach to stabilization is quite unthinkable...
...beard, Denmark's huge Social Democratic Premier Thorvald A. M. Stauning has sailed his little country handsomely, since the spring of 1929, through fair weather & foul. Most ticklish stretch came after Britain, to whom Danish farmers sell most of their eggs and butter, cheapened the pound (TIME, Sept. 28, 1931). Premier Stauning sensibly cheapened Denmark's krone proportionately in step with the pound. Results were so good that thrifty Danish exporters of dairy products began to think results would be better if the krone were devalued not merely down to but below the pound. Last summer they marched...