Word: power
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Dates: during 1920-1929
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...middle class first, especially the government employees, pensioners, rentiers, and through these the children, just those who made up the bulk of European university students. The cost of living increased beyond measure, revenues in spite of the continually increasing number of zeroes decreased in gold value and purchasing power...
...eastern attitude toward western education, Dr. Eddy said, "The great ambition of every Asiatic student is to complete his education in the West. He may resent the encroachments of western civilization and he may even be outspoken in denouncing the western nations, but he realizes that the key to power in the East lies in a western training. Gandhi and his disciples are of course diametrically opposed to the Easterner's completing his education in Europe or America, but as yet the Gandhi doctrine of eastern self-sufficiency has not had a widespread practical influence...
...somewhat similar investigation, but on a smaller scale, was held in Cleveland, and was hailed as a material step forward. Harlan F. Stone, a justice of the Supreme Court, in reviewing the work said. "The survey as a whole is dominated by the belief that facts have a reforming power of their own. Civic organizations of Cleveland who are responsible for this undertaking may take just pride in their work, and all those interested in the improvement of the administration of criminal justice owe them a large debt of gratitude...
Perhaps the most important probable consequence of the plan will have to do with the Student Council itself. Not in vain did our English forefathers learn the lesson that in the purse strings lies power, and the Student Council may well profit by it. Decrees and recommendations are the symbols of authority, but in the purse itself is its reality. Backed by the student exchequer the authority of the Student Council ought more nearly to attain the weight which it deserves...
This situation exposes a fatal defect in the constitution of the League. By forming a council of the Entente powers the Versailles diplomats sought to perpetuate in modified form the six-power system, which had preserved the European balance of power during the nineteenth century. This arrangement has never been very satisfactory, but neither is increasing indefinitely the size of the council a feasible plan. Abolishment of the council altogether is a step which has not been contemplated. Yet such a plan, by placing the members upon an equal footing, would free the Assembly from the dominance...