Word: rates
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Dates: during 1920-1929
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...General Jay Johnson Morrow, Governor of the Canal Zone, predicted that traffic through the Panama Canal would soon quadruple. His prediction seems likely to come true even sooner than he probably expected, for, in announced figures on Canal traffic for the fiscal year recently closed, he found that the rate of travel is now double that of a year ago, and tolls for the next year, at the present rate, will exceed $24,000,000, of which about $18,000,000 is profit above over-head expense...
...necessary to get the first two nations on their side before making a pronunciamento on the Ruhr and reparations. It was equally necessary to have a tacit understanding with the Germans that they would be willing to accept British mediation along specific lines. This done, the bank rate was raised from 3% to 4%, partly as an act of pressure on France. The Air Force appropriation presented to the Commons, providing for an additional 34 squadrons, was a measure to offset French prestige by strengthening that of Great Britain. Finally, rumors of British action on the French debt were heard...
Vanities of 1923. Earl Carroll has unveiled a first-rate second-class vaudeville show. With a single exception his notables are picked from the infinite rows of orchids, yams, and parsnips which burgeon beneath the glass frames of Mr. B. F. Keith. Inadvertently Mr. Carroll picked mostly yams and parsnips. Careful buttering of the latter with scenery and sirens rendered them barely palatable. Yet yams are yams. And yam actors should not be liberated on a stage facing 1,000 people who have paid $11.00 for the exercises...
Lord Rayleigh, distinguished English physicist, son of a former Chan cellor of Cambridge University, published a new estimate of the antiquity of the earth, of between two and three billion years, based on a study of the rate of decomposition of radioactive elements. This is vastly greater than any previous estimate, modern geologists having ranged between 100,000,000 and 1,600,000,000 years in their conjectures. All these estimates rest upon very slender assumptions, but that the age of the earth is to be reckoned in hundreds of millions of years is a scientific certainty. Lord Rayleigh...
...change in the discount rate of the Bank of England has always attracted world-wide attention because of its far-reaching effect on international trade through the international financial center at London. Upon July 5 the Bank's rate was moved up to 4% from the 3% rate which had been maintained since June 15, 1922. The change has brought the Bank of England's rate to within ½ of 1% of the 4½% rate now maintained by the New York Federal Reserve Bank...