Word: swellingly
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...With good, bad and indifferent reports still to be filed, Standard Statistics took a long breath and figured that when all the returns were in the final result would be some 40% ahead of 1934 earnings. On this basis, earnings of the major U. S. companies would, roughly, swell from a little more than one billion to almost one and one half billion dollars. Recovery leaned too heavily on the motor industry to be satisfactory from the standpoint of a general return to good times. But many a corporation was reporting the best year since 1930, many more the best...
...banker's power to create credit is the amount of his reserves. At present U. S. banks have excess reserves of more than $3,000,000,000, and if they could find enough borrowers they could conceivably create some $30,000,000,000 of credit. That would swell the total supply of bank money by two-thirds, cause a violent rise in prices. A number of bankers, led by Chairman Winthrop Aldrich of Chase National Bank, think that excess reserves should be reduced before inflation gets going. This No. 1 U. S. banker declared last December that...
...home folks of the nation by radio. For that extraordinary gathering Franklin Roosevelt had prepared a treat: the most pretentious piece of oratory he has delivered as President, a speech publicly proclaiming a turning point in U. S. history. For 45 minutes he spoke, sometimes allowing his voice to swell in a sonorous diapason, sometimes letting it sink low as he leaned forward confidentially over the desk. In the glare of klieg lights which made the large mole over his left eye stand out in pitiless relief, he turned the pages of his manuscript with shaking fingers. Time & again...
Wedding rings last week were also a trial to Pope Pius XI. Catholics abroad had upped eyebrows at the activity of priests in Italy who have been assisting in the collection of wedding rings and other gold jewelry ever since Dictator Mussolini announced that he wanted them to swell the gold reserves of Italy's war chest. In the Vatican newsorgan I'Osservatore Romano an editorial last week urged Italian and foreign newsorgans in reporting the collection of wedding rings and other gold by Italian priests "to consider them as gifts for the poor...
...Charlie Grant, with Vandy Lee and Vio Whitlock, is having a great time at Dartmouth throwing Sophomores into fountains and turning fire hoses into their letter slots to flood their rooms. He thinks Dartmouth has an amazing amount of school spirit and is altogether a swell college . . . ." --St. Albana News