Word: readjusters
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...return to the Gold Standard at present devalued monetary levels. In this they were encouraged by the annual Mansion House speech to the Lord Mayor of London and the city's leading bankers delivered last week by Chancellor of the Exchequer Neville Chamberlain. "The decision of France to readjust the value of the franc," said Mr. Chamberlain, "must have come like the cracking of the ice at the approach of a warmer season to a polar explorer whose ship has been frozen for months into immobility. ... If we can prevent violent fluctuations of the valuation of gold...
...slashed, and this was followed even more unexpectedly by Benito Mussolini with similar action on behalf of Italy (see p. 24). Overnight on the international scene new life was breathed into the principle of Free Trade, and there was a wild scramble by His Majesty's Government to readjust their ideas and Mr. Chamberlain's. To Geneva this week hurried the Chancellor's most distinguished subordinate, Mr. William Shepherd ("Shakespeare") Morrison. In the only speech to the current League Assembly which had any real importance, Mr. Morrison virtually reversed the highly nationalist position Mr. Chamberlain had taken...
GREENGATES-R. C. Sherriff-Stokes ($2.50). Quiet English novel by the author of Journey's End, detailing the struggles of quiet Mr. Baldwin to readjust himself to life upon his retirement after 41 years in business...
...though, that railroads were so burdened with debt that they were unable to pay even their fixed charges, much less to buy new equipment. Some people urged Government loans but that, declared the President, did not seem feasible. Some way, he suggested, would have to be found to readjust the railroads' capital structures, lighten their interest burdens. But he did not plan to do anything about it at this session of Congress...
...think, therefore, that the H.A.A. should be informed that if it wishes the game to remain a college and undergraduate game it should readjust the time to fit the other demands of the students. George S. Franklin...