Word: standardism
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Dates: during 1930-1939
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...could claim about 500 prosperous "immigrants" to its tax-free Utopia. Aside from such wealthy men as Errett Cord, Caleb Bragg, Sam Harris and John J. Raskob, who became interested in Nevada mining before and during Inflation, the list of permanent newcomers included Major Max C. Fleischmann, director of Standard Brands, famed Santa Barbara sportsman; Lewis Luckenbach (steamships); Arthur K. Bourne (Singer sewing machines); the fourth Earl of Cowley, Christian Arthur Wellesley, who came for a divorce, stayed to marry and settle down with his favorite nightclub hat-check girl. When William Randolph Hearst threatened to move away from California...
Trusts have hitherto objected strenuously to comparisons with stockmarket averages. This year Tri-Continental was only too glad to point out that in comparison with an average gain of 32% for general management trusts, Standard Statistics' 90-stock average rose only 27.9% the New York Times' 50-stock average only 21.1%, the 782 common stocks listed on the New York Stock Exchange about 25%. The Dow-Jones averages showed a 24.5% rise in industrials, 32.5% in rails, 17.9% in utilities. Actually the comparison was even more favorable to the trusts because part of their assets were in cash...
...Chicago, Burlington & Quincy, announced that it had reversed the old adage. Burlington has cut train time between Chicago and Denver from 30 to 16 hours by introducing streamliners which are on the line so short a time that they only meet or pass about 20 other trains to the standard passenger train's 30. Result: a speed-up of all traffic along the line...
Following Borle's talk, William H. Orrick of the Yale News, adjourned the meeting and officially closed the 1937 Conference, promising at the same time that when the 1938 edition opens in New Haven, Yale will endeavor to maintain the high standard of interest set by Princeton and Harvard
...result the late practice of awarding excess subsidies to students has developed at many divinity schools. he said. "We have been the spearhead of a movement which has looked to improving the standard of the ministry by reducing large and indiscriminate theological scholarships, and by throwing the costs of his study more and more upon the student himself," the report states...