Word: ratio
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Dates: during 1920-1929
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...Owen West, who both declined. The London parley necessitated an appointment, even temporary, of a man capable of conducting the intricate behind scenes negotiations incident to any international conference. A new complication had arisen with Japan's request for a change in its cruiser and submarine ratio to 10-10-7 from 5-5-3. Mr. Castle was selected, with the powers of an envoy plenipotentiary, for two reasons...
...planes of the Gates Flying Service last week cut off their motors at 3,000 ft. over the centre of the island and glided, with moderate wind to help them, to safe, dead stick landings at New York's outskirts. An ordinary commercial plane has an average gliding ratio of 8 to 1. From a half mile height it can glide four miles in still...
...issued. Now all banks, even the Federal Reserve System, issue more money in paper than they have gold in their vaults. Every bank would be broken if all its depositors simultaneously attempted to exchange paper for gold. And, unhappily, the Industrial Bank had held itself to no fair ratio between cash and paper. Auburn at 514?Johns Manville at 242? Radio at 114?here were bank-branches with a topheavy proportion of notes to cash. Even the biggest and most secure branches, such as General Electric, American Telephone &Telegraph, United States Steel, constituted inflated currency when their securities stood...
...that any prognostication is more than usually hazardous. In the first place, this is the first crisis in what may be termed normal conditions that the Federal Reserve System has experienced-not that anyone doubts its ability to extend any or all accomodation that may be needed. Its reserve ratio the past year or more has been between 70 or 75 per cent some 30 per cent above the legal minimum. Indeed, this unprecedented gold revenue may be said to have indirectly been behind the bull market, since the public knew there were far greater supplies of credit available...
Cooperation with the library, and a realization by the instructors that there should be some ratio between the supply of books and the demand is necessary to correct the present situation...