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Dates: during 1920-1929
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...stabilization loan of $105,000,000 will be floated as a result of legislation passed, last week in Bucharest, by the Rumanian Chamber of Deputies. Behind this transaction stand the central banks of 14 nations.* Their joint representative in Rumania will be a Frenchman, suave Charles Rist. Last week M. Rist resigned as a Deputy Governor of the Bank of France, hopped a train for Bucharest. There he will assist the new Peasant Government of Rumania (TIME, Nov. 19) to place the leu on an absolute gold basis at its present rate of exchange, 167.18 lei to the dollar...
...eleven million dollars to Harvard University to establish the House Plan. Evidently such restrictive stipulations may be considered by some, as President Little in the case of the stipulated donation to the University of Michigan, unnecessarily to hamper the authorities in attaining the general objective with the best possible results. It is true that a donor's foresight is never quite equal to contemporary professional judgment in achieving a desired project, and may sometimes unduly limit such an achievement. Whatever may be the result of this definitely stipulated gift to Yale, this educational experiment is one that will be watched...
...result of a challenge received from Exeter, a Freshman chess team has been organized and will compete against the schoolboys in the Faculty Room of the Union at 3 o'clock tomorrow afternoon...
...result of try-outs held yesterday, J. E. Willard '30, Norman Winer '29, and H. A. Wolff '29 have been chosen to represent Harvard in the debate scheduled with Pennsylvania University for February 23, and H. C. Friend '31, G. W. Harrington '30, and S. G. Silverman '30 to debate against Williams College on February 25 at Williamstown. The topic for both of these debates is: "Resolved, That this house approves the Baumes Law of New York State"; Harvard will uphold the affirmative side of this question in the first debate, and the negative side in the second...
There is another consideration less evident at first sight. A significant result of the first two contests has been the relations that have been established between the offices of the Times and the leaders in the examinations. Last year the winner of the competition, a Princeton senior, secured a permanent position on the editorial board and in many other cases contacts were made that should prove productive in later years...