Word: expand
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Dates: during 1930-1939
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...which brought its portfolio of "governments" up to $1,861,712,000. The Reserve system became the largest single holder of Treasury obligations last year when it bought nearly a billion dollars worth at an average of $100,000,000 per week in an effort to expand commercial credit. Its heavy buying ceased in August when its easy money policy failed to make headway against deflation. Under the new inflation law the system may buy up to $3,000,000,000 more of "governments." Last week's small start, Secretary of the Treasury Woodin explained, was simply "to inject...
First step in President Roosevelt's inflation program calls for the Federal Reserve System to enter the open market and buy up to $3,000,000,000 worth of U. S. securities. With the purchase money commercial banks would expand credit to their customers, help industry and business to get started again. Last year President Hoover tried this method of credit inflation to the tune of nearly $1,000,000,000. It did not succeed because the period was one of liquidation. Now that pressure has been relaxed, if not definitely reversed, President Roosevelt believes that with a strong...
...most satisfactory method of balancing the H.A.A. budget for the coming year. By meeting these problems and many others the Council might approach a fulfillment of the ends for which it was created, but in order to do so, it must at once reorganize its mode of procedure, expand, and open its actions fully to the student view...
...Business School head told the students they would be on a better basis when business picks up than the men who graduated five or six years ago, for they will enter at a very advantageous time, and expand with the organization...
...please to take their property in gold out of banks. . . . "If there were need to go off the gold standard, very well, I would say let us go off. But there has been no need. If there were need for currency expansion, I would say let us expand. . . . My colleagues talk about serving the public. What public? The men who work for a wage, the clerks, the stenographers, the professional men will be the people to suffer under this unbridled expansion. That is what it is because the rein is so loose that the steed will never stop until...