Word: repays
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INCOME1936 1935 Investment income distributed to endowment funds $5,142,935.97 $4,998,217.83 Less income from restricted endowment funds not available for use, reserved for use in future years, or applied to repay advances made in previous years 345,731.66 289,203.13 $4,797,204.31 $4,709,014.70 Plus amounts withdrawn from accumulated income of restricted endowment funds and amounts advanced against the income of future years 89,095.60 163,914.90 4,886,299.91 4,872,929.60 Less paid and payable therefrom to life beneficiaries of trusts 215,834.19 162,429.27 Total Income from endowment funds...
...this increase because there are several billion dollars of recoverable assets-chiefly loans made by the Government which will be repaid. However, as these loans are repaid, the Government is not using the money to pay off the debt. It is in fact treating the repay ments as income and spending them. "If the subtraction of recoverable assets from the gross debt is valid," wrote Editor Moley, "then the Treasury's handling of these receipts is, to use a charitable word, unsound. . . . Democratic orators should refrain from leading their listeners to believe that...
...increase in the national income and asks whether the money spent was not a good investment. But the national income is figured as the sum of all individual incomes and there fore includes the expenditures of the Government. "Government expenditures are not part of the national ability to repay deficits...
Since team sports are almost wholly restricted to college years and largely abandoned in later life in favor of golf, tennis and squash, early preparation along these lines will repay the individual many times over. When one remembers that the University can be represented every bit at ably by means of non-organized athletics the incentive should prove strong to turn to the courts or the swimming pool rather than blindly follow the herd onto the grid-iron or the hockey-rink. Organized athletics are normally and naturally the corner-stone of Harvard's outdoor life, but it cannot...
...sports event was a Cleveland Negro named Jesse Owens. No. 1 heroine, with the possible exception of Mrs. Eleanor Holm Jarrett, because she was not allowed to compete, was a Fulton, Mo., filly named Helen Stephens. The Olympic Games had produced eight deaths, innumerable misunderstandings, enough revenue to repay all running expenses and part of what it would otherwise have cost Germany for barracks for 4,000 soldiers, the best sports arena in the world. Events...