Word: normalization
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Dates: during 1930-1939
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King Prajadhipok of Siam, restored to almost normal eyesight by his U. S. operation (TIME, May 18,. now looks at Bangkok with one eye through clear glass, with the other eye through faintly brown glass, according to passengers on the world-cruiser Empress of Britain which returned to Manhattan last week carrying 95 widows and 336 other passengers. Notables: June, famed London actress, divorced wife of Lord Inverclyde, who boarded ship at San Francisco as did her onetime friend Woolf Barnato (son of the late South African Diamond Tycoon Barney Barnato) with his bride...
While Professor Bonbright conceded that a holding company is essential to consolidate small, competing plants, he averred it has been carried "to a point far beyond that of maximum economy. . . . Normal growth has given away to giantism with a result that a system such as Electric Bond & Share or the Insull System must be regarded as an economic disease." He claimed that geographical "diversification," a prime selling-point for holding company securities, is not rational. He roundly criticized holding companies for borrowing (as many have done) from the companies they control. Heartily in accord with these sentiments was Harvard...
...under the department. From a recent compilation it was learned that students who have taken courses at Harvard are now occupying important positions in 45 different states, Canada, Cube, England, France, China, and Japan. Representatives are engaged in many fields of service including 213 colleges, 234 secondary schools, 62 normal schools, 318 public schools, 69 Y.M.C.A's. 47 Y.W.C.A.'s, 18 municipal gymnasiums, 28 athletic clubs, and 27 state institutions...
Dividends from stock now pay no normal tax on the theory that a corporate income tax has already been collected from the enterprises in which the capital is invested. The House overturned (180-to-105) this theory by slapping the normal tax rate on all dividends in an effort to raise another...
...Swedish confidence in Sweden's fiscal strength was almost back to normal, there was still excitement in the Grand Hotel which faces King Gustav's palace across a small lagoon...