Word: unsound
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Dates: during 1920-1929
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...connect Crane, Ore., on the Oregon Short Line (subsidiary of Union Pacific) with Crescent Lake, Ore., on the Southern Pacific. Its proponents declare that it will open up a potentially rich region in the foothills of the Cascade Mountains, while its railroad opponents see the new line as economically unsound. Cost of construction is estimated at $9,900,000. The fundamental principle involved?whether the I.C.C. can command as well as permit new railroad construction?will probably cause the Union Pacific to take the case into the courts. The Commission itself was not all sure, split...
...That corporations which had loaned money "on call" to speculators had contributed more than any other group to an unsound financial situation because many a corporation promptly called in its loan at the first sign of trouble. Five directors of one corporation threatened to resign last week if their company should call its loan. These directors took the honorable position that having once loaned its money to the stockmarket, the corporation should stand by the market so long as its loan was adequately protected by collateral...
Bill Roper has worked his men into furious frenzy and if they don't get Yale, they will get Booth. And therefore, though I hesitate to predict any victory, I can say that extensive research has proved betting against Princeton is often unsound. Harvard 16 Holy Cross 7 Yale 6 Princeton 0 Dartmouth 19 Cornell 12 Pittsburgh 20 Carnegie Tech 0 Notre Dame 14 S. California 13 Purdue 7 Iowa 6 Tennessee 14 Vanderbilt...
...responsibility for nationwide telephone service as a public trust. Its duty is to provide the American public with . . . service at a reasonable cost. To attain this end it is the policy of the company to pay only reasonable regular dividends. . . . Extra or special dividends are entirely inconsistent . . . and unsound." The reiteration of this statement was perhaps the booming of a new philosophy of business as well as a ponderous rap at lightweight Wall Street gamblers...
...Constitutional jest, the cream of which would taste sour in the mouths of the Wets. All a-chuckle, he was not hesitant in sharing it with the world. Rhode Island had raised a captious question on the 18th Amendment's ratification. Senator Borah judicially pronounced it "utterly unsound" and then continued...