Word: desideratum
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Dates: during 1920-1929
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Facts are that last January the Reichsbank lowered its rate from 7% to 63%, "for the purpose of stimulating German trade." That desideratum was not attained. Instead the attraction of abnormally high money rates in Manhattan and other foreign capitals operated to deplete seriously the Reichsbank's gold reserve. The only possible counter-move was to raise the rate last week, and in Manhattan it had been anticipated for some weeks that Dr. Schacht would, nay must, take this step.* In Paris, however, angry editors rose above common sense, charged that the lowering of the rate last January...
...ought they most justifiably fall than upon the college graduate especially in a time like the present when faith in democracy as a form of political organization is apparently waning, not in dictator governed countries like Italy, Spain, Greece and Russia, but apparently in our own country. However, this desideratum will not be attained until a more serious spirit animates the life of the college and more generous attention is given to the serious problems of the political, social and economic organization of society...
Since this plan seemed to offer France her great desideratum - ready cash for stabilizing the franc - Premier Poincare stomached his hostility and distrust toward Germany. While a multitude of technical details remained to be negotiated, acceptance by France of Thoiry seemed assured. Acceptance by Germany was deemed a foregone conclusion and followed a few days later. Peace hovered...
...electing Dr. Lowell's successor. Dolopathos concluded that a majority would fall in behind President Lowell in favor of a man "1) intellectually 'safe' and 2) financially capable. ... 1) a Harvard graduate, 2) socially presentable, 3) between 30 and 40 years old. . . . It would be a desideratum of course that he possess an independent competence." Financial capacity was explained: "Not ... a mere knack of handling the funds. ... A well-spoken speech may net only ten, where a word in the right ear will net a hundred thousand dollars or a new gymnasium." Intellectual "safety" was defined...
...This desideratum is the most important of the whole speech. If the editorials of the press are unsatisfactory, the subscriber can exercise the privilege of thinking for himself. If a paper does not popularize science, the amateur investigator can turn to scientific magazines. But accurate news is essential to the formation of unbiased judgement...