Word: notched
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...challenge round against England would turn out. The weak member of the French team was un doubtedly young left-handed André Merlin, fourth ranking player of France, who had impressed Cochet and Lacoste, the non-playing captain, as more determined than Christian Boussus, who ranks a notch ahead of him. If Merlin lost his matches to Perry and Austin, Borotra and Brugnon would have to win the doubles, Cochet would have to win both his singles matches. Most observers conceded the doubles to France, thought Cochet had a better than even chance against Austin. The draw caused the remaining...
President Roosevelt put his hand on the throttle of inflation last week, jerked it open one notch, another, then a third. Amid a great chuffing of headlines his money program began to roll slowly forward...
...Notch No. 1. On White House orders the Federal Reserve went back into the open market as a purchaser of U. S. securities. Its first week's buying totaled $25,114,000 which brought its portfolio of "governments" up to $1,861,712,000. The Reserve system became the largest single holder of Treasury obligations last year when it bought nearly a billion dollars worth at an average of $100,000,000 per week in an effort to expand commercial credit. Its heavy buying ceased in August when its easy money policy failed to make headway against deflation. Under...
...Notch No. 2. Because his Secretary of the Treasury is an industrialist and his Undersecretary, his Governor of the Federal Reserve Board and his Comptroller of the Currency are lawyers, President Roosevelt has long felt the lack of a first-rate banking brain to steer him through the technicalities of a managed currency. Last week he secured such a pilot in the person of Oliver Mitchell Wentworth...
...finish, with Parsons close behind for the third place that gave U. S. C. two more points than it needed for the championship-45 to Stanford's 42. Yale, Cornell and N. Y. U. tied for third with 16 points apiece; Princeton and Manhattan at 13 points, a notch behind them...