Word: worthing
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Dates: during 1930-1939
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While the deflationary effects of sudden liquidation of the $7,000,000,000 worth of U. S. investments now owned abroad would be terrific, the inflationary effects of incoming capital is the Government's immediate problem. The money not only goes into the stockmarket in the form of cash but also goes as gold into the credit base, where it has ten times as much effect, a dollar of gold supporting at least $10 worth of credit. U. S. gold stocks are already at the incredible figure of $11,100,000,000, over one-half the world...
...commercial job until President Newell learned how to get Navy work in 1932. Since then Bath Iron Works has delivered three destroyers including the Lamson, now the fastest ship in the U. S. Navy. Navy Department contracts account for more than $21,000,000 of the $22,000,000 worth of orders Bath Iron Works has on hand...
...financing of this enterprise was a three-cornered affair. The State Legislature authorized the City of New York to issue $7,000,000 worth of stock for acquisition of needed land, which will be developed by the Park Department after the Fair. From the State the Fair promoters are asking in all more than $4,000,000. Last spring when the bills for the first appropriation of $2,130,000 seemed to be lagging at Albany, Mr. McAneny resigned as president of the World's Fair Corporation, was succeeded by orchidaceous but politically shrewd Grover Whalen. Mr. Whalen went...
...satisfied with time in its accepted guise, Charles R. Apted '06, chief of the Yard Police, has hunted down $15 worth of time-tolling monstrosity, a machine (hardly a watch) that not only chimes furiously on the hour, but signifies the day of the week and the date thereof...
Robert Benchly has the audience rolling in the aisles with his short, "How to Vote," and he is followed by an amusing Mickey Mouse and some news reels. An evening spent at the University is worth while...