Word: windward
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Dates: during 1930-1939
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...insured. In case of another crisis such as 1933, the FDIC could issue its bonds, notes or debentures to a total in one year of $975,000,000. Thus FDIC has or can raise a maximum of a billion and a quarter dollars as an anchor to windward for some 20 billion in deposits. Whether the anchor would hold in the face of a real banking storm even Leo Crowley does not care to assert, but in the 179 bank failures since FDIC began (nine in 1934, 26 in 1935, 68 in 1936, 28 in the first half...
Mogul emperors four centuries ago in India hung wetted grass mats over the doors and windows on the windward side of their palaces. A slight breeze might then cool their throne rooms as much as 20°. In 1901, somewhat the same idea occurred to a young Buffalo engineer named Willis Carrier, now the 60-year-old chairman of Carrier Corp., only major U. S. company devoting itself exclusively to air conditioning. The rather obvious idea of the Mogul emperors has grown into an industry that is sometimes compared to aviation in its infancy, highly technological and full of financial...
After the third quarter, Dartmouth worked to windward far better than their opponents, footing best on the port tack. It looked from the spectator fleet as though Harvard had picked up a lobster...
...Ranger proceeded to give Endeavour a further view of her stern, although Skipper Vanderbilt won the next two races by less embarrassing margins: 4 min. 27 sec. and 3 min. 37 sec. Nevertheless, Ranger set new America's Cup records by sailing the fastest 15-mile windward leg in 2 hr. 3 min. 55 sec. in the third race, and the fastest triangular 30 miles in 3 hr. 7 min. 49 sec. in the last...
...each, alternating between 1) a straight course into the wind & back and 2) a course around an equilateral triangle with ten-mile sides. Last week, after spectators had delayed the start 45 min., Ranger and Endeavour crossed the line, with Endeavour a length ahead but Ranger well to windward. The breeze was light and the boats' job was to work 15 mi. into it, round a buoy and run back before the wind to the line they had just crossed...