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...time in the business cycle when a panic would have occurred, if we were to have one, has passed, according to this letter, which is the latest of a series issued to the subscribers of the Review of Economic Statistics. The movement of rates on commercial paper and of speculation indicates that the liquidation in commodity markets will end some time between December, 1920, and April, 1921. The action of the Federal Reserve Banks in increasing rates and restricting credit practically insured a business readjustment unaccompanied by a financial panic. For "higher interest rates do not spell disaster, but safety...
...army has a way of coloring enlistment in its rosiest hue for the young men who are eager to learn. Its latest scheme makes it clear that there is a "chance for enlisted men of the army to get a thorough college education" after the period of their enlistments. Some thirty-nine colleges have signified their co-operation by offering free tuition, and fifty-two offer aid in one way or another. Unless the men are distinctly eligible the colleges will suffer. Just where this plan is of value to the individual and to the colleges is not clear...
Figures given on the first of July indicated the total number of books, pamphlets and documents in the Widener Library to be 1,058,000, whereas the latest report places the number at 1,094,200, showing a not increase...
...notably Pixley, a transfer from Ohio State, have been putting up a stiffer opposition with each day of scrimmage. Several of the starters against Swarthmore were given another respite, among them Captain Callaban, Keck and Rutan from the line, and Louric, Wittmer, Murrey and Thomson from the backfield. The latest line-up; Ends, Raymond and Davis; tackles, Upson and Hooper; guards, Towers and Speers; center, Taylor; quarterback, German; halfbacks, Garrity and Gilroy; fullback, Selteerer...
...latest edition of the "Follies" arrives in Boston on October...