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...graduate must proceed with some caution in speaking of the superiority of former days for we are entirely conscious of the fact that Harvard has won only three intercollegiate championships in thirty years. We do feel, however, that it is only normal for Harvard to win her fair share of dual meets...
...shares traded on the New York Stock Exchange and New York bank clearings having fallen from the December levels. The average price of industrial stocks, on the other hand, showed some improvement. Commercial paper rates rose somewhat, the change in this case being the result of the correction for normal pre-war seasonal variation. it seems probable, however, that the federal reserve system has a stabilizing influence on commercial rates, so that seasonal variations are now less than they were in pre-war times. Actual average rates in January were a shade lower than in December...
...month both railroad and industrial stocks lost some of the gains they had made since Christmas, the slump in each group being about two points, but most of the loss has been regained during the past week. We regard recent movements in the security market as a normal minor fluctuation in a generally upward trend Further encouragement is to be drawn from the fact that this recovery took place in the face of a slight stiffening in call money rates...
...reason for believing that what brings pleasure to the musician is any higher or nobler than that which brings pleasure to the normal human being," etc.; assuming of course that all musicians are either ab or sub-normal, and that no normal person can be a musician at heart, whether or not, a professional. he considers mediocrity of taste to be an excuse for itself, and that nothing further is necessarily to be desired. But good taste is the result of cultivation. Few persons are born with a natural appreciation of Wagner or Debussy, any more than for Velasquez...
...reason for believing that what brings pleasure to the Musician is any higher or nobler than that which brings pleasure to the normal human being. If a person is able to get satisfaction out of something that does not bring satisfaction to the average man, and is not able to enjoy something that this average man enjoy, he is in a sense, abnormal. If this is nobility I prefer to be happy in my ignobility...