Word: normalizing
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...current crisis differs so widely in such important respects from those that have gone before that any prognostication is more than usually hazardous. In the first place, this is the first crisis in what may be termed normal conditions that the Federal Reserve System has experienced-not that anyone doubts its ability to extend any or all accomodation that may be needed. Its reserve ratio the past year or more has been between 70 or 75 per cent some 30 per cent above the legal minimum. Indeed, this unprecedented gold revenue may be said to have indirectly been behind...
...Harvard has yet had to contend with this season, having won the last 15 games it has played, over this fall and part of last season. Harvard has won all four games it has played so far this season, defeating Dartmouth by the score of 2 to 0; Bridgewater Normal 7 to 2; Syracuse 1 to 0; and Worcester Polytechnic Institute 3 to 0. Only one legitimate goal has been counted against the team the other of Bridgewater's being made on a Harvard misplay...
...Both Premier Daladier and Herriot, one of his ministers, are graduates of the Ecole Normal, which the French press jokingly calls the 'Republic of Professors.' Many of the French politicians have been graduated there, including Painleve and Leon Blum. But despite doubt and ridicule, the Radical-Socialist minister and his new cabinet have a splendid chance, and having waited so long for it to come, they will probably use it well...
...Olympic in Southampton, England, last week, carpenters went to work on a bunk. They tore out the end of it, made it much longer. They put a row of thick struts under it to make it bear twice a normal sleeper's weight. The White Star Line took these precautions, not because it had accepted an elephant as a first class passenger, but because a prospective passenger named Primo Carnera is proportioned like the giants of myth. Passenger Camera, an Italian pugilist, planned his trip to the U. S. as a business venture. He felt that he ought...
...husband's breathing. She remembered that when the Young Plan Committee was sitting in Paris, Britain's great Banker Baron Revelstoke had gone to bed similarly weary and died of heart failure before dawn (TIME, Jan. 14 to June 17). Banker Delacroix's sleep seemed normal, however, and soon his wife was asleep too. About 5 a. m. she felt his hand on her shoulder: "I am feeling ill." To the telephone flew...