Word: doubted
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Dates: during 1920-1929
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There seems to be no doubt of the need for and value of courses of this nature. A reading knowledge of modern languages is necessary for a thorough understanding of literature, history, and science. But there is a growing class of men who want more than a reading knowledge. They are the men who will fill diplomatic posts, positions as representatives of great banking or commercial houses--an ever increasing group of participants in world trade and international transactions. They want to be able to deal with Frenchmen, Germans, and South Americans without the hinderance of interpreters...
...Foreign exchange should be considered not as a barometer, but as resembling the thermostat more closely. As the thermostat regulates the temperature of a room, so do the changes in foreign exchange regulate the international trade. The effect necessarily reacts on the cause and will without doubt control it later. We will see prices come down when the exchange rates are more nearly even and when the imports to this country more nearly equal our present tremendous exports...
...which goes to show that we were the first in America to start such a policy is that Cornell calls their work the Technology Plan. Although I do not think that other institutions have offered their facilities to industries under any such a system as ours, I have no doubt but that many are contemplating doing...