Word: terme
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Dates: during 1930-1939
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...epidemic of German measles is sweeping the University and making the best of friends frightened to converse with each other at less than two yards range. It is also wreaking havoc in the various casts which are assembled for the amateur plays which enliven the end of term. The Provost of King's College's production of Aristophanes' "Frogs" seems to have got under way today without serious depletion, but the grand production of "Julius Caesar," which the Marlowe Society and the A. D. C. are jointly preparing for next week (with your compatriot, Mr. Max Millikan as Cassius...
Replied Steel, wholly unembarrassed: "No, Communism has not been achieved in the Soviet Union so far. It is not easy. But your term 'State Socialism' is not exact. Many people refer to a condition as State Socialism when a considerable amount of national wealth passes to government ownership, sometimes for military advantage, even though the majority of wealth remains in private hands...
...Preacher Ball also went outside to lecture for the American Civil Liberties Union, the American League Against War & Fascism. Church members who deplored all this lately obtained outside encouragement when the Chicago laymen's group got to spreading its illiberal ideas. Last week, with Dr. Ball's term about to expire and his reappointment by the conference likely unless something was done about it, the church's committee on pastoral relations voted to ask Bishop Francis John McConnell of Manhattan to assign First Church a minister who would confine his sermonizing to the Gospel...
...awful time with free riders." In Wall Street parlance a "free rider" is a person who buys a new issue not for investment but for the speculative possibility of immediately selling it in the open market at a profit. For free riders the Treasury's long-term bonds turned out to be a joy ride, since they promptly rose more" than 1½% above the offering price...
Having eliminated as many "free riders" and "terrific subscriptions" as possible, the Treasury announced that bids for $5,000 or less would be filled in full, that others would be allotted 18% of the notes requested, 13% of the long-term bonds. On a $559,000,000 conversion offer that accompanied the big cash offer, the Treasury reported that practically all the maturing securities would be exchanged, that 90% of the holders wanted long-term bonds, not notes. Overjoyed was Secretary Morgenthau that his long-term issues had at last become more popular than his short-terms, indicating rising confidence...