Word: backwardation
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During the past month an attempt has been made in Congress to get above the immediate crosscurrents of U. S. finance and take a long view backward and forward. Planting itself at the halfway point of the Era of Change, a subcommittee of the Senate Banking & Currency Committee has been seriously taking stock of the Federal Reserve system and its implications. No spectacular hit-&-run investigation flashing large in press headlines and proving nothing, the committee's survey will require a year to complete...
Knocked Down. The Commission set up and knocked down various substitutes for Prohibition-as-is. Repeal of the 18th Amendment would be a "backward step" to re-admit the saloon. To permit State option would be nullification. Beer of 2.75% would satisfy nobody who "has developed a taste for intoxicating beverages." Government sale would not be "expedient...
...Backward Glances...
...complete liquor cabinet. . . . Dashboards are more complicated than ever, with altimeters popular. . . . Much chromium is used on many cars. Some gold and silver plating and solid bronze are used. . . . Metal tire covers are prominent. . . . Radically modern for Brewster was a Rolls-Royce body with everything, including doors, slanting sharply backward. This Rolls-Royce cost $21,750, was the most expensive car. Next was an $18,600 Isotta. . . . Adjustable "Pullman" seats were in evidence. . . . Rugs, lap robes and pillows (some of lambskin) blended with upholstery. . . . Some sport phaetons have a duplicate dashboard for rear-seat riders. . . . Exhibitors were hopeful Hollywood cinemastars...
Devoted Belgians, grateful again to their able king, recalled with pride that their royal family is the only one in Europe whose members are careless of photographers. King Albert's straddle and the remarkable pictures of Queen Eliza beth being let down backward from inspecting an Egyptian stone inscription last winter are two examples. Recently their daughter, Crown Princess Marie Jose of Italy, raised one royal leg high over the side of an Italian speedster, in order to climb out. heedless of the fact that lenses were looking...