Word: drastic
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Dates: during 1920-1920
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That is a shrinkage of five billions from last year, but it is an enormous total. Why not think of that? The drastic deflation is painful. In some cases it cuts to the quick, but after all the basic strength of the country remains the same, and in that is the welfare of our people year in and year...
...reduction. Indeed, the people of this country face an alternative. They may continue their reckless extravagance, in which case the price of government bonds will continue to fall. The unwholesome item "loans on government securities" will continue to rise; the government will be unable to sell its certificates; drastic taxation will inevitably follow. Under such conditions the amortization of our national debt would be impossible. As an alternative the people may save. New assets would then be accumulated. The inflation of loans which the Federal Reserve Banks has been fighting to the extent of raising the rediscount rates...
...canvass showed important changes, especially in the western New York, Plymouth, New Jersey, eastern Washington, Louisiana, northern Ohio, eastern Essex County, Oregon, Wyoming and the Maritime Provinces. Nearly $50,000 was added to the fund, although the actual gain for the month was comparatively small owing to the drastic reduction caused by the discovery of a number of duplications...
...sole spokesman of his one hundred million fellow-citizens. He seems so far never to have lost his head, with abundant opportunity to do so. He has showed the ability to carry out vast measures of relief abroad with the utmost economy of means, and he has executed drastic measured of repression as war emergencies at home without losing he confidence and the respect of those how suffered the discomforts he imposed. He has, in a word, proved himself a wise trustee of national interests at home and abroad. And there is every reason to believe that, if elected...
Following the many changes that were made in the University crews Monday, there was a drastic shake-up yesterday in the 1923 boats. Only three of the former members of the first boat kept their places and the second crew was given an entirely new seating, five men going down from the first boat, two coming up from the third, and the stroke from crew 7. The new line-ups of the first two crews are as follows...