Word: previously
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Dates: during 1920-1929
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...China has the largest standing army in the world, though by no means the most effective. A rabble nearly 1,500,000 strong are the soldiers of Nationalism, nondescript, ill-drilled, often ragged. Some of their commanders are hired bandit chieftains, others are feudal "War Lords" left over from previous regimes. The cream are spruce, young, "intellectual" Nationalist generals. But the whole motley gang have costly appetites...
...Market. Commuters on their trains last Friday morning discussed and laid grim bets on how far the Market would fall. The Los Angeles and San Francisco markets, still open on the previous afternoon when the Board's announcement was made, had crashed badly. Six hours ahead of New York, Friday's market at Amsterdam had opened with U. S. Steel plunging downward. To add to the threat of another Black Friday*; was the fact that brokers loans reached a new all time high, over six billion dollars. At the New York Stock Exchange, the gallery was packed with spectators...
...which point the minimum rate-$1 per 100 lb.-would come into effect. The duty would increase as the price fell below $6 until at $5.20 the maximum rate of $3 would be levied on world imports. Sugar tariff changes would be on a weekly basis, measured by the previous week's average price. The present wholesale price of New York sugar is $5.75 per 100 lb. on which, under the Smoot plan, the tariff would be $2.50 ($1.96 on Cuban). Said Senator Smoot: "Certainly nobody in the U. S. can complain of 6? sugar...
...gifts, cheers from a reception crowd of 15,000, kisses from their wives. The utility of their long flight was debatable. They did display the stamina of their Curtiss-Challenger engine and they did strengthen public confidence in flying. Otherwise they accomplished nothing that had not been indicated by previous endurance flights. By operating their motor at low speed they kept it in long life. But that flying method does not help plane owners who must run their engines at high speed to travel from point to point...
...measured a record-breaking turnover one day last week on the New York Curb Market. It was about a quarte-million shares over the previous high total (June 28). Utility trading accounted for the new high, 895.100 shares of Niagara Hudson Power turning over during...