Word: drifte
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...that the President's money policy is "a drift to unrestrained inflation" is surely an unfounded fear and is part and parcel of that indefensible position that all inflation gets out of control of the inflators. The present gold-buying policy is not inflationary at all, but its psychological effect is--witness the rise in stock and commodity prices and the fall in certain bonds. If enough people of Sprague's positions continue to point out that the policy is not inflationary, it will in fact cease to have the effect of raising internal prices. This certainly...
...truth be known, the government there has no gold policy except to drift from day to day in the hope of finding a "natural" level for the dollar...
Even dullards could see the drift of such talk. Europe's entire Press (particularly the Swiss) broke out in a rash of headlines suggesting that the Disarmament Conference, scheduled to reconvene in Geneva on Oct. 16, will face in acute form the alternatives of Disarmament or War. Slightly appalled by the effect of the dynamite Prince Bismarck had so dutifully exploded, the German Foreign Office appealed to Ambassador-at-Large Davis to "mediate" in Geneva between their delegation and the French...
...Dunster bookshop has been replaced by Bryant Hall, and the "backyard" of Kirkland House is now complete. The completion of the House, however, has resulted in the overcrowding of the library; the forty-odd extra members now occupying the annex drift into the seat of meditation in Hicks House in the natural course of events, and its rooms, formerly comfortable, are now too well filled...
...hydrant--an especially humorous scene since we have as a background to this massacre a delightful picture of good-natured Swipes throwing a brick through a window, upsetting a kerosene lamp. Crowds throng the banks of the East River near the Brooklyn Bridge, small boats loaded with inebriated gamblers drift in a semi-circle...