Word: summing
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Dates: during 1930-1939
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...solution is to give beneficiaries of the Plan the choice of working for their money or borrowing it, as their situations and preferences would dictate. Those who chose to work should, in turn, be enabled to earn the usual sum of $300 for approximately a third of the time spent by present beneficiaries of the Plan. Under this arrangement, the useful and educational work which is included in the Plan would displace the objectionably wasteful and routine jobs, and the workers would at the same time be given more leisure in which to pursue their normal University activities. Moreover...
...University has hesitated so long in correcting the situation has never been explained. It has aready seen a vast sum go into the installation of a particularly fine organ. It is constantly laying out more money for the maintenance of a full-sized choir. If there are absolutely no funds on hand to make the slight improvements suggested, some statement to this effect should be forthcoming. But for the University to continue to ignore this problem is equivalent to its refusing to make the most of the opportunities which are offered by the facilities and the choir...
Correspondents learned from authoritative sources in the City and at the Treasury last week that Sir Frederick will propose: 1) to settle Britain's debt once & for all by a lump sum payment in Roosevelt dollars (worth 65? each last week); 2) to raise this lump by selling British dollar bonds to U. S. investors...
Under the Empire's present debt agreement Britain is scheduled to pay the U. S. roughly $11,000,000,000 in annuities running until 1984. The lump sum Sir Frederick reputedly has in mind is $1,000,000,000. If he finds that Wall Street cannot float so large a bond issue, the lump may have to be smaller. "The best solution, of course," correspondents were told by a candid Exchequer functionary, "would be cancellation of the entire debt...
...time is approaching when the problem of war debts must be given a decent burial. If the administration opens hasty, ill-considered negotiations now, it will be rewarded with a bumper crop of defaults. If it shows a meek willingness to take what is offered, the nominal sum which crosses the Atlantic will have more of a nuisance value than a commercial one, and will tangibly lower the nation's diplomatic batting average. The failure of ninety-five per cent of the debt-payments due last year resulted not merely from the poverty of the defaulting and token-paying countries...