Word: rata
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Although the Michigan moratorium was officially over, Governor Comstock imposed such drastic restrictions on withdrawals that actually the holiday was extended indefinitely. These were limited to a depositor's pro rata share of a bank's cash and government bonds, thus anticipating the "Michigan Plan" (not yet enacted) of segregating liquid and frozen assets. All out-State institutions opened for what business they could do, but in Detroit, a man could draw out only 5% of his deposits...
...perhaps the most interesting activity of the "moderates" has been the charge that the Liberal Club endowment was to be used for illegal purposes and should therefore be taken from the Liberal Club and donated, presumably; to the "moderates" on a pro rata basis. When one of their members asked a trustee whether he would permit the Liberal Club to use its own money, the answer was that requests for money will be considered when received. The Club is perfectly satisfied with that arrangement. But perhaps even the trustees of the Club's funds have gone Communist? At any rate...
...Readers. The late great Samuel Gompers started life as a cigarmaker's "reader." Cigarmakers long ago found they could work better if their minds were occupied by having one of their number read aloud to them, the workers making up by pro rata contributions the cigars the reader would have made. Sam Gompers used to read from Dickens, Thackeray, John Stuart Mill, and for a time from Karl Marx, though he got over that after he founded...
...Liberal Club has demonstrated a vital reason for its existence in the promptness with which it has mobilized Harvard opinion on the Conference. By calling attention to the remarkable "big navy" attitude of the American Delegation and by urging the President to make good his promise of pro rata disarmament, the Club gives instance that the petition is still an intelligent avenue of democratic representation...
...segregation of the Van Sweringen-controlled Erie Railroad's coal properties to a new holding corporation, Pittston Co. Stock in the Pittston Co. will soon be offered to Erie stockholders, thus placing its control outside the railroad. But the Van Sweringens' promise to take up their pro rata share of stock and to underwrite any remaining shares, will assure identity of management. As one of its first moves, the new Pittston Co. proceeded to buy control of U. S. Distributing Corp., owner of Wyoming coal mines and also of the great U. S. Trucking Corp. in Manhattan...