Word: steps
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Dates: during 1930-1939
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...Japan Army and Navy men talked (and often wrote) of almost nothing else but the "Inevitability of a Russo-Japanese War." Their militant chatter reached such a pitch last week that War Minister General Senjuro Hayashi was moved to step in and soft-pedal it. In his first interview since his elevation to the Cabinet as successor to the sword-rattling Araki, General Hayashi kept a straight face while he told the Associated Press...
...most significant suggestion advanced is that the tutors play a more important part in directing the work of their tutees, advising them particularly on lectures to attend, and the some of the courses be made into series of optional lectures without examinations. This plan is unmistakably the first step toward the supersession of the course system by a tutorial system modelled closely on that of the English universities...
...consequence of this important step and the need for slowly digesting the many problems involved in the new system, the administration probably will ask Congress for the postponement for a year or so of the provision of the law which next July would increase the protection to include all deposits...
Many state laws and state constitutions would have to be amended to make possible the second step, so it is being deemed wise to postpone the $7,500 provision for all banks for at least a year...
...sooner had this been done than a deafening hue & cry arose in nearly every court in the State. The constitutionality of the enabling legislation was challenged. Commissioner Van Schaick's rehabilitation plans were attacked at every step. "Protective committees" mushroomed on every side, tried to oust Commissioner Van Schaick in favor of Federal bankruptcy trustees. Individual investors demanded the property underlying defaulted mortgages. The mortgage business in New York threatened to become a lawyer's holiday...