Word: systemic
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...permanent prison betterment. It called for $6.500,000 to build five new Federal prisons: a 1,200-inmate penitentiary in the northeastern states, an industrial reformatory in the West for 1.200, three Federal jails to hold 500 short-term convicts each. The plan also projects reorganization of the parole system, development of prison industries, provision for education of prisoners...
...Castle, Del., where the whipping post contrasts strangely with a "model'' prison system. Warden Elmer Joseph Leach, denouncer of whippings which he has to administer, has developed at New Castle the unique plan of his predecessor Warden Plummer. Over the 600 convicts stand only three guards. The inmates are given prison keys, allowed to work unguarded outside the prison walls, permitted to drive trucks to Wilmington unaccompanied. Escapes are rare. The convicts themselves deliver discipline, ostracize rule-breakers. The inmates are given piecework, earn money for cigarets. clothes, sweets. During the day they wear blue denim work clothes...
...slams and bangs. As he sits at his rather old-fashioned desk, overlooked by a picture of George Washington, and listens to his three telephones ringing, his curved eyebrows may become a bit more Mephistophelian as he remembers one of his pet business maxims?that the typical U. S. system is the concentration of responsibility in the hands of one accountable individual...
...analogy between the break on the market and a run on a bank. The Bank was U. S. Industry. Assets of the bank were the real assets of U. S. Industry. Stocks were the paper money which the bank had issued. Now all banks, even the Federal Reserve System, issue more money in paper than they have gold in their vaults. Every bank would be broken if all its depositors simultaneously attempted to exchange paper for gold. And, unhappily, the Industrial Bank had held itself to no fair ratio between cash and paper. Auburn at 514?Johns Manville at 242?...
...road. The loss of this key road is a setback to the Van Sweringen merger plans, which does not displease the Brothers Taplin, arch-enemies of the Brothers Van Sweringen. The sale also means that the Taplins have given up their aspirations for a Great Lakes-Atlantic seaboard system. Two days later the Brothers Van Sweringen gathered in a desirable pawn themselves, the Wheeling and Lake Erie. The I. C. C. authorized the Nickel Plate to issue $20,000,000 in promissory notes and to buy control of the Wheeling with the proceeds. This victory was only partial: the Commission...