Word: wave
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Dates: during 1930-1939
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...Federal Reserve Act was little Carter Glass of Virginia. Last week Senator Glass, now 74, sharper in voice and crustier in manner than in 1913, was again cast in a heroic role. An archfoe of speculation for many a long year, he was bitterly chagrined with 1929?5 great wave of stock inflation in defiance of the Federal Reserve. After a year's investigation he proposed reforms which he felt would halt speculation for good and all?reforms which would alter the entire conduct of a nation's banking, which law-makers called sweeping, bankers devastating...
...year-old City Bank & Trust Co. Other failures of the fortnight included Bank of Westerville, Ohio (with Anti-Saloon League funds); First National Bank of Gary, Ind. (leaving but one bank there, secure with U. S. Steel Corp. backing). In South Carolina there was a wave of failures following the crash of Peoples State Bank with $24,443,000 in deposits, 43 branches. Banks in such communities as Bishopville, Travelers Rest, Florence, failed to open. Puzzling to many a citizen was why the stream of banking failures continued in spite of National Credit Corp., the much-publicized, half-billion-dollar...
...light-television apparatus, developed by Dr. Ernst Frederik Werner Alexanderson, derives its carrier wave from a high-intensity arc light. The carrier wave is modulated by the Alexanderson scanning device which translates a picture or scene into electricity (TIME, Jan. 23, 1928). As with the Taylor system, anyone who has the proper receiving apparatus and can see the Alexanderson beam, can also see what the television apparatus is seeing...
...light-telephone, devised by John Bellamy Taylor, translates sound into electrical impulses (as does an ordinary telephone) and then through a neon bulb into a pink wave of light. The receiving set catches the light in a photoelectric tube which translates the message into electricity, then sound. Dr. Taylor has telephoned by this system across the Hudson River, a distance of about 3,000 ft. Anyone with a proper receiving set who could see his sending beam, could hear what he said...
...pleasant prelude to the Christmas activities of His Holiness Pope Pius XI. Three days later a microphone was for the first time placed near the high altar of St. Peter's. The Pope celebrated mass. and Vatican Station HVJ sent out his voice (on short wave) in the final benediction. Meanwhile, the Holy Father gave the world two Christmas messages. Terrifying Spectacle- To visiting cardinals, Pius XI said: "We will not say anything about peace or disarmament because we or our predecessors have done that so many times that now everybody knows our opinion. On the other hand...