Word: terme
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Dates: during 1930-1939
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...Manchester, Mass. Edward Mandell House, 78-year-old adviser to the last previous Democratic President, arrived to spend his 40th summer in the Massachusetts North Shore. Questioned by newshawks he predicted flatly: "Roosevelt will not be a candidate for a third term...
...willing to make a contract but not in writing, a procedure which is legal in many transactions since oral contracts are generally binding. The Labor Board has declared that if an understanding is reached in collective bargaining it must be embodied "in a binding agreement for a definite term." Senator Wagner said last week that the Act (by implication) required written contracts to be made. The steel strike is, however, likely to be over long before that point of law is definitely settled...
...terms of the installment contract have been steadily eased. Where they have not been eliminated entirely, down payments have been sharply reduced. To make it easier to go into debt, payments have been lowered by extending the term from ten or twelve months to two or three years, sometimes as much as five years. Installment credit has also been eased quantitatively. Sears, Roebuck and Montgomery Ward now sell mail-order merchandise for deferred payment in amounts...
...Front-page headline: "NEW COURT APPROVES 4TH TERM...
...fourth biggest insurance crash of the Depression, was Illinois Life, which had $150,000,000 in policies outstanding when the siphoning of Chicago's Hotelmen Stevens finally broke it (TIME, Dec. 5, 1932). The resulting yells of dismay brought swift reform in Governor Horner's first term...