Word: strengthened
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Dates: during 1930-1939
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...there is a combination of interrelated answers. The broadest concept of the Glass-Steagall bill is that it will materially enlarge the Federal Reserve's power to stop member bank failures. As failures decline, hoarders of currency would be encouraged to redeposit their cash. Such redeposits. in turn, would strengthen banks and reduce their demands for more loans from the Federal Reserve. Hoarded currency would again start flowing back toward the Federal Reserve whose supply of loan funds would thus be replenished to meet what would then become the disappearing problem of bank failures...
...conceivable that the Federal Reserve would use all the gold, thus freed from currency collateral, as coverage for more money. Always kept in mind is the possibility of foreign demands on the U. S. gold supply?"raids on the dollar." The Glass-Steagall bill intentionally or otherwise will materially strengthen the Federal Reserve's position to withstand gold exports without violent shocks and strains to the U. S. money market...
...Saturday Japan will hold general elections for the lower branch of the Diet, a body consisting of 466 members. The elections are being held to strengthen the power of the Conservative Premier Inukai; for at present the lower house contains a majority of the Liberal party which previously supported Premier Wakatsuki. This lower house, contrary to Western traditions, is rather limited in its powers. Yet it evidently has sufficient significance for the present Premier to dissolve it in the hope of a majority for his own party...
...people mistakenly believe that our recent heavy gold losses indicate that our pull upon the world's gold supply has ceased. But these losses are only temporary and have been largely due to the conversion of foreign bank balances and bill holdings here into gold. The effect is to strengthen rather than to effect our creditor position, which is the basis of our pull on the world's gold. Consequently, we must either develop an import balance or exert a disastrous attraction upon the world's gold supply whenever we fail to lend abroad on a large scale...
Misconception brewed by generalities and much nonsense has distorted the common picture of undergraduate life. For one acquainted with the mass of reading matter on College Life in America there is little to be observed in New Haven to strengthen the validity of the usual assumptions. "Collegiatism" as popularly conceived is heartily despised. Old graduates bemoan the passing of something known as College Spirit, while the old-Ford-rah-rah-painted-slicker figure of collegiate mythology has not been replaced by that of the passionate scholar, a new figure has arisen, drawing its life from within the confines of York...