Word: systemic
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Dates: during 1920-1929
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Budget: As usual Mr. Gilbert finds that the German Finance Ministry is "still under the influence of tendencies toward overspending and overborrowing. . . . The situation is one which bristles with difficulties." He again recommends a complete overhauling of the system whereby the various states of the German Republic still balance their budgets with funds contributed from the National Treasury...
...Campbell's farms (in Montana) are vast and profitable because he uses machinery almost exclusively for planting, cultivating and harvesting. The Russians want him to put his system to work on 10,000,000 acres of wheat and flax land. His project may lead to the purchase of $100,000,000 worth of U. S. farm machinery. The Russians also want Mr. Campbell to spend three months each year with them. On that invitation he was not determined before he sailed from Manhattan...
Daniel Willard for the Baltimore & Ohio and the Van Sweringens for the Chesapeake & Ohio last week made another feint towards accomplishing consolidations of eastern railroads. In 1920 Congress authorized the railroads to consolidate into trunk systems. But there was no acceptable plan. So the railroads have bought to form system themselves. Between the Mississippi, Great Lakes and Atlantic Seaboard, the Pennsylvania, New York Central and B. & O. were solidly braced to take on smaller lines. The Van Sweringens entered the situation by buying control of the Nickel Plate, Chesapeake & Ohio, Erie, Pere Marquette and Hocking Valley and offering a plan...
...return of Arnold Horween as coach of the football team will be welcomed by all Harvard men who have seen the working out of his influence on the game at Harvard and on the men who play it. For the three years during which his system has been operative, there has been built up a tradition of hard football that counts the game as more than the winning of it, and a carrying the ball always against the other team as the best way to play the game. It is a worthy tradition, whose worth needs no testimony...
...strange, therefore, that Canada should have assumed an attitude apparently so unfriendly in regard to Volstead enforcement. The Canadian government, which once struggled to execute the prohibition law in its own country, now finds the American system of tremendous financial benefit. Furthermore, its decision to allow so powerful a neighbor to fight its own battles to a finish cannot be criticized on this side of the border. Only too often, this has been the method of procedure employed by the United States...