Word: leveling
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Dates: during 1930-1930
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...week the Department of Labor issued its March employment figures which completely confounded the January prophets, raised doubts as to the fulfillment of the President's own forecast. Instead of a Spring employment rise, the March figures indicated a Spring slump of 1% under the already depressed February level...
...face of a commodity decline which has caused such losses in the past five months as 15% for wheat, 16% for silver, 13% for lead, copper long stayed firm at 18?. Last week, two days before the first anniversary of the 18? level, copper dropped to 14?. In actual size, this 22% reduction is a tremendous one, perhaps the biggest single drop ever recorded in any commodity. But the news was neither surprising nor alarming, for 18? copper had lately been becoming more a theory than a fact...
...suggested remedy at Princeton is the abolition of the B.S. degree. The most important result of such a move, aside from the correction of the present situation, would be the necessary modification of the entrance requirements to the present B.S. level, namely three units of Latin or of a modern foreign language plus two units in another ancient or modern language. The actual effect would be to abolish the requirement in Latin, and doubtless its study would still further decline in college and, more important, in prep schools...
Parenthetically Democrat Young laid down the economic dogma that "tariffs and other petty political barriers" are definitely pernicious. "Let no man think," cried Economist Young, "that the living standards of America can be permanently maintained at a measurably higher level than those of other civilized countries. Either we shall lift theirs to ours or they will drag ours down to theirs...
...recent decision to raise boxing to the level of a formal sport at Harvard and the completion of the University's first adequate natatorium, offer convincing evidence of the progress of the policy of all athletics for all: With the completion of the indoor athletic plant and the Dillon Field House, Harvard's athletic equipment will be complete...