Word: limitations
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Dates: during 1920-1929
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...Continent (Oklahoma) fields. California, however, is the crucial point. California increased its production 40% in 1929 and now produces 30% of the U. S. output. Last summer the California legislature passed the Lyon Act, a measure ostensibly designed to prevent wastage of natural gas but really meant to limit oil production.* Small producers have questioned the legality of the Lyon Act, but big oilmen maintain that the courts will uphold the validity of the measure and that the law will reduce California's present production of 870,000 barrels a day by at least 200,000 barrels. Stabilization...
...sold. Others are placing heavy taxes on distilled liquor in order to make it too expensive for most people. Others are prohibiting the selling of liquor except in Government dispensaries. We, in this country, have tried all of these and are now engaged in an attempt to limit the sale of liquor to medicinal and sacramental purposes...
...Yale's Irving Fisher) maintained, even after the Crash, that quotations had never become so weirdly out of touch with reality as prophets-after-the-event were quick to label them. Given a profound conviction that the future of U. S. industry was boundless, that there was no limit to the potential value of U. S. securities, where could the line be drawn between farsightedness and folly? Speculation is the shadow of industry thrown forward on the wall of the future. It had been thrown a long way forward during the late Bull Market, its size swollen, its perspective distorted...
...conference Admiral Robison, conciliatory, made three proposals: 1) gradual adoption of the three-year rule by the Military Academy; or 2) a four-year limit for West Point athletes; or 3) alternately playing two years under the West Point rule, two years under the Annapolis rule...
...School has grown ten-fold, 160 to nearly 1,600; the Medical School from 240 to 515. The latter would have many more students if it did not limit its numbers. The Graduate School, non-existent in 1879, now enrolls 900 graduates from all parts of the world. The Graduate School of Business Administration, a creation entirely new, has nearly 900. The Graduate School of Education, also quite new, has 300. Almost any one of the graduate departments would make a college about as large as Harvard College was in our day. The College is still the heart...