Word: sound
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Dates: during 1920-1929
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...deserving but needy students. The sum of a half million dollars has already been awarded, with character as the sole collateral, and the results have been so gratifying that the administrators of the fund are well justified in stating that the practice has changed from pure philanthropy into a sound investment for banking institutions...
...academic mind, there is more satisfaction to be found in the personal advantage accruing from the responsibility to the student than in the fact that he is now recognized as a potentially safe risk by investment houses. His early establishment of credit and operation of the loan on a sound business basis naturally creates a measure of self-reliance in the formative period of life which should be of immense value in later years. Gratitude should be expressed to the Harmon trustees as much for the practical economic experience gained by the recipients of the loans as for the opportunities...
Thus from Amsterdam, Antwerp, London came the sound of many voices mourning the loss of a record Christmas buying season, blaming the recent stock market crash. In Manhattan, arose voices to differ with them. Authoritative among such voices was that of Walter N. Kahn, agile, dark president of the American Diamond Cutters Manufacturers Association, envoy from them to the U. S. Senate Finance Committee. Master diamond cutter is Mr. Kahn, able to instruct his many workmen to such good effect that diamonds cleave well, cut well, in trade parlance "run" well for him. Mr. Kahn blamed the unsettled state...
...Governing Committee of the New York Stock Exchange. The "emergency" was of course the October-November break. The man was Richard Whitney, vice president of the Exchange, acting as president while E. H. H. Simmons was honeymooning. Whitney qualities praised in the resolution were "courage, resourcefulness, and sound judgment . . . rare qualities of leadership." Oldsters, saying this was the first instance of personal praise by the Committee, wagered Mr. Whitney will be elected president of the Exchange next May. President Simmons, now serving his sixth term, had not desired his last nomination...
...BRING THAT UP??Moran & Mack present their famed Southern sound effects...