Word: systemic
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Dates: during 1920-1929
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Said Senator Blease: "The Civil Service is the most damnable, the most iniquitous system ever perpetrated upon a free country. I believe to the victors belong the spoils. ... If North Carolina, Virginia, Texas and Florida want to go Republican, let them have Republican census-takers. ... If that is the company they want to keep and they happen to get up with fleas on 'em, let 'em bite...
Short-term certificates are issued on the quarterly tax-payment days. The present system has these defects, as explained by Secretary Mellon: 1) Money is borrowed in advance of actual needs with a consequent loss of interest; 2) The Treasury must give the certificates, which it sells at par, as low an interest rate as possible, yet high enough to meet momentary conditions of the money market. This involves difficult guesswork...
...chart of the Morgan family of financiers, with photographs, was both arresting and instructive among the exhibits. Beginning with Joseph Morgan (born 1790), who gained control of a Massachusetts stage-coach system, to the present John Pierpont Morgan and his children, who control railroad, steamship, telephone, telegraph and wireless systems, the family has shown a consistent "inheritance of capacity for organization and financial leadership...
...Merchant Filene had helped the League. He has outstanding another $25,000 offer to the Labor Office's Scientific Management Institute, conditional upon the Rockefeller Institute's donating a like amount. And the International Labor Conference which last week opened at Geneva is using a telephonic translation system for which Mr. Filene paid. This translation system is a device which records speeches in six languages, thus enabling most of the delegates to follow proceedings without the delay of interpreters...
...outworn Yale traditions. This intrinsically barbarous practice belonged to the older and more primitive Yale College. Now that the modern Senior Societies have frankly become social clubs, with their members chosen on that basis (and no one can object if that is their openly avowed policy), some better system of giving out elections should be found. Yale Alumni Weekly...