Word: systemic
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Dates: during 1920-1929
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...Debated national origins, with Pennsylvania's Reed blocking a vote to suspend this immigration quota system...
Charles Gates Dawes went to Santo Domingo a month ago as a Chicago banker and onetime U. S. Budget Director to devise a budgetary and accounting system for that diminutive republic. When he returned last week to Manhattan aboard the S. S. San Lorenzo he was the newly-appointed Ambassador to the Court of St. James's. Retiring Ambassador Alanson Bigelow Houghton, who also returned to the U. S. last week, predicted a "happy and successful term" for Ambassador Dawes...
...dollar doctor, a caustic budgetarian. In words scarcely those of a diplomatist, he announced loudly enough for every foreign country to hear him, that if the Dominican Republic adopted his commission's recommendations it would be the first independent nation to have a thoroughly modern and scientific budget system...
This was meant partly as a crack across the knuckles for U. S. Comptroller General John Raymond McCarl, who, as chief of the General Accounting Office, stands at the outgoing end of the U. S. budget system. Never a harmonious team, the Messrs. Dawes and McCarl took hold of the newborn budget and accounting system simultaneously in 1921.?Said General Dawes: "The Comptroller General . . . has thus far failed in carrying out the accounting purpose of our present law. We have in the U. S., therefore, only the old-fashioned and entirely inadequate cash accounting system...
...possible products from petroleum waste (crude oil after gasoline and other products have been extracted). Fresh attacks upon this problem have already yielded a new alcohol, called isopropyl. The peculiarity of this alcohol is that, unlike all others, it has no exhilarating effect when taken into the human system. If it can be used in industry there will be no temptation for bootleggers to "denature" it and sell it for drink...