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Word: unsounded (lookup in dictionary) (lookup stats)
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...from the grain, to be on our guard against the obvious dangers, and to eliminate one by one the improper practices until, precisely as in the case of our banking structure, we may be able to establish fairly definite and generally accepted standards for distinguishing the sound from the unsound, the real from the specious? When installment selling comes to be measured by these criteria, we may expect to learn that the innocuous and the salutary must not be confounded with the inappropriate and the regrettable, and that, in its ultimate and refined forms, installment credit will be recognized...

Author: /time Magazine | Title: Business: Installment Selling | 11/28/1927 | See Source »

...Mexican Constitution of 1917 which declared that lands held in Mexico by foreigners were not the property of those foreigners but belonged to the Mexican State. This theory of nationalization of the land appealed to many U. S. property holders (especially oil magnates) in Mexico as a pernicious and unsound doctrine. It was denounced as confiscatory, especially since Mexican officials were planning to make their Constitution retroactive and to invalidate titles secured long before the 1917 document was written. So Ambassador Sheffield led no entirely placid existence...

Author: /time Magazine | Title: THE CABINET: Sheffield Out | 7/18/1927 | See Source »

...industrialist, Henry Ford has made one of the greatest contributions ever made by any man. That is mass production. It amounts to first rate genius. But just as I am color blind, Henry Ford has blind spots in his intellect. In my opinion he is mentally unsound on certain questions of race and religion. He has a streak of bigotry on that side of his mind that is totally foreign to his industrial ability...

Author: /time Magazine | Title: The Press: Smart Money | 3/28/1927 | See Source »

...Cabinet. Having been informed that both houses of Congress had passed the McNary-Haugen bill, President Coolidge called for his Cabinet, found that it unanimously disapproved of the bill. Secretary of the Treasury Mellon had already made public his attitude in a detailed statement showing that the bill is unsound, unworkable and highly costly. Secretary of Agriculture Jardine, who would have to direct the farm experiment if the President makes it law, abhors it. Applying the British principle of Cabinet government, it would be necessary for President Coolidge's entire Cabinet to resign if he signs the bill. Certainly...

Author: /time Magazine | Title: FARMERS: To The President | 2/28/1927 | See Source »

...Exchange lists 12,000,000 shares of 22 foreign stock issues only by subterfuge. New York state law forbids the Exchange listing them directly. 5) Uncounted U. S. money is buying foreign stocks through private bankers. Much of this foreign stock is sound. But much also is unsound, could not pass the Stock Exchange's rigid tests of reliability. 6) Thoroughly reliable foreign stocks at present have no ready trading market...

Author: /time Magazine | Title: Business: Foreign Securities | 2/7/1927 | See Source »

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