Word: elements
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Meanwhile business conditions fall to improve materially and large operators, wary of relying too heavily on expectations after their experiences of this spring, await the long-heralded upswing. That it is bound to come is a foregone conclusion; the time element is the important one now. And when it does come and prices start up again, the public will jump in just as it did last time, though it is to be hoped that the movement can be kept within the bounds of reason when the next bull market really gets under way. The greatest danger lies in the lack...
...under the protective wing of monopoly prices. Still others think the change once adopted will be permanent. Book publishing has the character of a monopoly industry, and consequently prices have always been a question of tapping the demand curve at the most profitable point. The introduction of the competitive element in the form of a price war might well uncover the fact that publishers can make more money out of increased sales resulting from price reduction...
This country's mania for stock speculation seems to have subsided for the time being at least. The stuation at present with money extremely cheap and security prices staying at about the same level would seem to indicate that the speculative element is going to wait for actual improvement in business conditions before giving any substantial support to the market...
Most respectable memoirs are dull: this one is no exception. Abundant with annotation and anecdote, Mrs. Hardy's work is a boon to Hardy scholars, a bore to lay readers. Only relieving element in the volume is the biographer's charitable lack of sentimentality...
...article of Dr. Snedden appearing in today's CRIMSON on the question of college entrance brings out a new element of this problem in advocating that the secondary school should confine its efforts to providing an education that does not need to be supplemented by four years at college. According to this belief, it is not for the preparatory school to attempt to meet the requirements of the college, but, to the contrary, it is the duty of the college to fashion its methods after the dictates of the secondary school...