Word: exportable
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...months which have elapsed since the peak of the credit stringency have witnessed a much less substantial decline in market rates than occured after previous crises in this country. For this there are several reasons. The drastic liquidation in commodity markets and the serious difficulties in certain export markets have made it necessary to "carry" many borrowers for more or less extended periods--a process not yet completed. Moreover since this was accomplished largely with the aid of the federal reserve banks, the extrication of these borrowers from their difficulties does not release an equal amount of funds for other...
...farmers will have to reduce their production--to supply only our own needs if something is not done to finance the export of their surplus. This situation shows that all parts of the world are interdependent. During the war, Europe suffered more than we did, and for a long time we profited by it. Now, however, the poverty and bankruptcy in Europe has begun to affect us adversely, and we must make the best of conditions as they exist...
...Senate and is now on the way to the President. II Mr. Wilson does what he ought to do he will sign this bill against the advice of Secretary of the Treasury Houston, thereby giving the Corporation $380,000,000 from the public treasury with which to finance the export of agricultural products to foreign markets and thus enable the farmers to get prices that will cover production cost...
...according to their chief interest. Men studying marketing are classed as "The Profiteers"; those specializing in banking and finance are in "The Ponzi Group"; those taking accounting are called "The Bookkeepers"; those especially interested in industrial management are termed "The Mill Hands"; those majoring in foreign trade form "The Export Round Table." The purpose of these five subdivisions and any others that may be formed later is to bring the men in each field into closer association with each other. When the members are classified in this way and organized into such groups, specialists may be invited to speak...
...Fleek '15--"The Profiteers"; F. Brownell, Yale '19--"The Ponzi Group"; E. H. Gault, Ohio Wesleyan '17--"The Bookkeepers"; J. A. Kiggan Jr. '19--"The Mill Hands"; C. E. Lyon, John Hopkins '97--"The Export Round Table...