Word: remains
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Dates: during 1930-1939
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...demanding that the universities themselves be kept out of politics Mr. Lippmann is only stating a prerequisite for academic freedom, but when he says that the professors must remain aloof oracles, he is hoping for a neutrality and aloofness which can never exist. The centers of learning should still send forth professors to "walk with kings." It is only when an incompetent ruler selects the most miserable of the breed that the universities are dragged down into the mud alongside the government...
...almost all of the purchases have been made on a cash rather than a margin basis. Manipulation of margin requirements, technical recessions will not affect these holders of securities. And, since the sale of their stocks is made prohibitively expensive by the capital gains surtax, this group will remain on the long side of the market until there is a wholesale loss of confidence with resulting collapse of values. The absence of profit taking on the way up, inevitably accelerates the inflation of values and paves the way for a deflationary debacle...
This year's Hanging Committee, who tried hard to remain anonymous, were Dame Laura Knight's husband, Professor Harold Knight, who accepted three of his own portraits, including one of Laurence Olivier as Romeo; Sculptor Sir William Reid Dick, who accepted a model of his own giant statue of the Earl of Willingdon; Alfred J. Munnings, who accepted his own portrait of the Master of the Essex Union and five others. Their only pay for their three-month job was a daily lunch at Burlington House. Academicians were permitted to submit six pictures, outsiders three...
Principal action taken by the Bank of France last week was to boost the rediscount rate from 5% to 6%, the normal central banking method of inducing capi tal to remain in a country. But the flight from the franc continued...
...needed. He must have full power. . . . Let us be wise, but let us be bold." As to financial crisis, M. Blum declared: "It is not so serious as war, unemployment or misery." And he referred to devaluation as something "to which we always have been and to which we remain resolutely hostile...