Word: yardsticks
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Dates: during 1950-1959
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...process has its adherents among the Program's members. Lawyer and oilman Hamilton P. Rogers, for instance, feels that this system places emphasis mostly on original thought, and is thus superior to the retrospective method used in Law Schools, where a student is constantly citing previous cases as a yardstick...
Maass doubted the value of such an overall mixture, since power is developed on a regional, not a national scale. He welcomed Cherington into the ranks of the "radicals" for his acceptance of the yardstick method of determining proper rates for private utilities...
...member J. K. ("The Commodore") Vardaman, Truman's onetime St. Louis crony, took Transamerica's side. So did Oliver S. Powell, ex-officer of Minnesota's Federal Reserve Bank. Powell argued that the board had failed to establish a yardstick for the measurement of monopoly, and certainly had not proved that Transamerica threatened the independence of competitors. Two other members, who joined the FRB after the hearings began,*disqualified themselves. Chairman William McChesney Martin and Member M. S. Szymczak voted against Transamerica. The 2-to-2 tie was broken by Rudolph M. Evans, who conducted the hearings...
Since the "lead time" for engines (i.e., the lag between orders and actual production) is more than a year, there is an absolute limit on boosting production. The U.S. did,not start its emergency production soon enough. Fred Rentschler uses the industry's famous "rule of three" yardstick: from the moment all-out production begins, the existing rate can only be tripled in the first year. In the second year, the new rate can be seven times the original; not until the end of the third year are there no limits except manpower and materials...
...combine writing in two courses. Thesis topics assigned in G.E. courses could also satisfy the weekly theme requirement in English. Furthermore, old bluebooks should be carefully corrected with the student so that he might learn how to write a concise, well-organized exam. Although exams are the most important yardstick of learning, there has been no course which instructed the uninitiate how to write them...