Word: levels
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Dates: during 1940-1940
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With the river finally dammed, the water rose rapidly and Jan. 13 was set for the takeoff. Suddenly the dam started giving way. Britons and blacks pitched in together, toiled side by side all night, finally stopped the leaks. Meanwhile the water level had sunk, the Corsair was sitting upstream, on her bottom. Tearing his hair was Imperial Airways Ace Captain Kelly Rogers, first pilot to land in New York harbor at night, who inaugurated the British north Atlantic mail service. Said he afterward: "To lift the Corsair from the water we had to sink huge petrol tanks under...
...Shostakovitch, Max Reger's Variations on a Theme of Mozart, and Tchaikovsky's "Capriccio Italien." The inclusion of both the Rossini and the Tchaikovsky makes the program as a whole rather light. We are not acquainted with the Reger composition, but we hope that these variations are above the level of some piano works and a vacuous suite for Violoncello alone by this composer which we have heard recently. Of course, this is an unfair comment, for Reger, according to many critics, has written some excellent works, and this might well be one of them...
...this paradox possible? The answer lies in the nature of the endowed institution. Harvard does not live on its endowments but on the interest which they earn. Thus, as the interest rate falls its income dwindles proportionately; so that to maintain income at a stable level, the downward trend of the interest rate would have to be offset by a proportional growth of endowments. And unfortunately there is little hope for endowments to increase: steeply progressive taxes prevent the accumulation of fabulous fortunes, and low interest rates discourage donations of large capital funds. The endowed college is hemmed...
...retail price of sugar, which between Aug. 31 and Sept. 10 rose from 5? to as much as 10? in some stores. Result: Franklin Roosevelt made an example of sugar, removed the quotas controlling production and importation, effectively reduced the sugar price to about its pre-war level. Last week, the emergency passed and the ghost of 1915-20's sugar shortage laid, Franklin Roosevelt proclaimed new sugar quotas-a trifle smaller than 1939's-for the year...
...Gone With The Wind" expecting "the greatest motion picture ever produced," the "film of the century," and the "apotheosis of the photographic art" are going to be--and have been--disillusioned. But those who approach Loew's with their mental standards set at the usual level will have a rare treat...