Word: rate
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Dates: during 1920-1929
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...Democrats are busy preparing their issues. The first one apparently uncovered was the proposal that we should cut down the rate at which the U.S. public debt is being retired, thereby practically doubling the amount of tax reduction possible this year-turning a $300,000,000 reduction into...
...long-awaited trend toward higher money rates is at length plainly under way, at least so far as the Federal Reserve system is concerned. Until very recently the Reserve Banks of Boston, New York, Philadelphia, Cleveland and San Francisco were holding their rediscount rates at 3½%, while the remaining seven* maintained a 4% rate. Suddenly the Boston institution led off with an advance to 4% (TIME, Nov. 23), and Cleveland almost immediately followed suit. Then the Philadelphia Bank directors met behind closed doors, and afterwards refused to make any announcements about what they had done. New York and San Francisco...
Several months ago a call was issued to all members who were intending to submit books for the show It is understood that the competition this year has been exceptionally keen and Mr. Lord and the Graduate Committee have had the privilege of choosing from four or five first-rate manuscripts. What their ultimate choice will be is as yet not known, but it is expected that a decision will be reached within the next few days...
Meanwhile, a higher rate for the Bank of England is predicted very soon. Such a change would permit the New York Federal Reserve Bank to lift its rate to 4% without causing a flow of gold from Britain to this country-a most undesirable development in the British effort to hold sterling exchange at par. In England the Boston rate-move is thought to foreshadow an advance by the Bank of England...
...Story. The early life of Helen of Troy may not have been private-or at any rate Professor Erskine chooses to summarize it in two sentences: "So they all intended well. But Paris saw Helen face to face." The story begins when the topless towers of Ilium were falling: Menelaus sword in hand storms into Helen's room to kill her, looks and exclaims: "Helen, it's time we went home...