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Forecasting a trend, Dean Mayo voiced the belief that Ph.D.'s would probably maintain their present level this spring but would almost certainly decrease in numbers next year...
Monetary Control. "The issue of money (including credit) shall be scientifically directed to keep the currency steady in value, to maintain production steadily at its best possible level, and to keep the purchasing power of the public level with the goods so produced...
...tradition flying. Inscribed on the banner, over two crossed cannon, were the words: "Battery D, 5th Field Artillery,' organized by Captain Alexander Hamilton at Watertown, New York, March 1st, 1776." The entire personnel of Battery D had just been shifted to the new 601st Tank Destroyer Battalion. To maintain at least the name of the oldest regular unit in the U.S. Army, the anti-tankers switched name and standards with the 5th Artillery's Battery...
...reasons in its gold-purchase policy is the farthest thing from the Treasury's mind. But the U.S. had another club over Empire miners, and it was fingering this club last week. It can refuse to export any new gold-mining machinery, which many an Empire mine-to maintain and (in some cases) expand production-is still trying to buy in the U.S. Before long SPAB is due to rule on these pleas, and the odds are that SPAB will be pretty tough, will at the least rule out any supplies for expansion of gold production anywhere...
Canada has some 38,000 men mining gold. Officially, Canadians maintain that gold is essential to their war effort; unofficially they are not so sure. In the great Ontario Kirkland Mines District (which produces 16% of Canada's gold) a C.I.O. strike for union recognition has been allowed to simmer for six weeks with no visible Government intervention. With some 70% of the laborers idle, the District has seethed with rumors that they would be shifted to strategic base-metal mines, and that gold-mining taxes would be upped in the next budget. Already Canada has stopped pampering...