Word: argument
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Dates: during 1920-1929
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Perhaps the most ingenious argument advanced by the Iron Man, last week, sought to prove that the huge U. S. loans made to Germany since the War provide not the best reason why Germany must pay her Reparations debt in full, but rather one of the best reasons why she should not pay. These U. S. bonds, reasoned Dr. Schacht, saddle Germany with the necessity of paying $240,000,000 interest, every year, and that stupendous charge obviously curtails the Reich's ability to continue paying the present $595,000,000 annual scale of Reparations...
...duplicate the blooded, Bourbon rôle of aloofness played, last week, by the "last of the J. P. Morgans." As one who had had a leading part in drafting the original Dawes Plan, Tycoon Young began to show pique when Dr. Schacht neared the climax of his argument as to why Germany must not pay all she owes. A passing reference made by Berlin's Iron Man to the fact that Germany has met all her Dawes payments thus far, caused Mr. Young to remark ironically to Dr. Schacht...
...beginning of this week Newark's municipal airport became the official air mail depot for New York City and nearby points. Hadley Field had been the terminal. The changeover was not without confusion and argument. Newark's mayor, Jerome T. Congleton, zealous for good future income on the city's $7,000,000 airport investment, demanded one cent for every pound of mail delivered to the field or sent therefrom. Pitcairn Aviation (New York-Atlantic mail) and National Air Transport (New York-Chicago mail) wished to pay a flat $600 a month fee. Mayor Congleton...
...defending the House Plan before the onslaught of flying rumors of opposition Professor Coolidge emphasized the fact that the new Houses will effect no change in the educational curriculum, whatsoever. He stressed the argument that the new plan was merely a natural step in the evolution of the college in conformance with the outside influences of Cambridge and Boston...
Practically all the clamor was for increased duties. Chester H. Gray, chief lobbyist of the American Farm Bureau Federation, called for general upward revisions averaging 100% higher than present rates on agricultural commodities. The argument, in effect, was: "We want these rates?because we want them." Few if any witnesses paused long enough on the stand to give reasons, to detail the difficulties of foreign competition, comparative costs of production. The fanner's attitude was that he was entitled to these increases by virtue of his vote for Herbert Hoover and that technical explanations were nonessential...