Word: slackly
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Dates: during 1930-1939
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...younger surgeons how to repair facial palsy. In that disease the facial nerve controlling all the muscles which give character and expression to the features, degenerates. A chill, a mastoid operation or a fracture may cause facial palsy. No matter what the cause, one side of the face falls slack as a wet towel on a hook. Half the features sag in a drooping grimace...
...session in Washington, the Federal Reserve Board announced a 50% increase in reserve requirements for member banks, effective Aug. 15. After nearly a year of public and private debate over the inflationary dangers of excess reserves, Reserve Board Chairman Marriner Stoddard Eccles had finally taken up the slack in the elaborate brake system provided by the Banking Act of 1935 to stop runaway credit expansion...
...slack lay entirely in the fact that the nation's banks now have some $3,000,000,000 in reserves over & above what they need to support their present business. That excess could support a credit expansion of at least $30,000,000,000. It is the threat of such credit inflation that gives bankers like Chase National's Chairman Winthrop Aldrich the jitters every time they think about it. And, through the mysteries of central banking, excess reserves are about to take another rise as a result of the payment of the Bonus, the Reserve Board estimating...
...which will be shared between localities and a national Mormon fund. This fund is to be swelled by contributions from solvent Mormons who will be expected to abstain from at least two meals on one Sunday each month (minimum estimated cost: 5? per meal). Mormons who have been slack about tithing 10% of income to their Church will be prodded into action...
This does not mean that 2,000,000 families are now camping in the woods waiting for houses to be built for them. Building has merely fallen behind the net increase in the number of families and the normal rate of housing obsolescence. The slack has been more than taken up by two or more families sharing what is rated as a one-family house or apartment. During Depression the usual method of doubling up was for young married couples to return to their parents or for parents to descend upon their married children...